The Rodeo Results Application Fee (App Fee) is the cost our partnered producers pay for using our payment processing service. When entering through the Rodeo Results mobile app, our App Fee costs 3.5% + $1.99 per transaction. When entering through the Rodeo Results website (rodeoresults.com), our App Fee is 4.5% + $2.49 per transaction.
The vast majority of people call this a “credit card fee.” That’s incorrect. The correct term is Application Fee, the definition being a fee for facilitating payments for any 3rd party business.
That’s how payment processors (like our partner Stripe) make money as a business. They facilitate online payments for 3rd party businesses.
Our partnered producers have three options when handling the App Fee. They can;
- Bare the cost in full
- Pass the cost onto the rider
- Customized by producer
How To Know What You’re Being Charged.
You can find how a producer has chosen to handle the App Fee by looking at the cost breakout on the entry form. Next to the “App Fee” price, you’ll see either a (2) or (3)
When you see (2), the App Fee is passed onto the rider. With (3), the App Fee is customized by the producer, and you’ll need to contact the producer for specifics. Refer to the image below for an example.
If you don’t see an App Fee on the entry form, the producer is bearing the cost in full. Make sure to send them X’s & O’s