How the fee is broken down — and why no money reaches you yet.
Every event is one or the other, and it is an explicit choice rather than an empty box. A free event is free; a paid event needs an amount, and that amount cannot be zero — a paid event at $0.00 is a free event spelled twice.
The entry fee is not the only line. A quote is built from three parts:
Those are shown as one total to the competitor, but computed separately, so a change in processing rates is never a silent cut to what you collect.
The total is solved rather than added up, because the processor charges a percentage of the total — including of its own fee. Adding the three together would under-collect on every transaction.
You are the merchant of record for entry fees on your own event, not BoutHost. A competitor's payment goes to your account, and our share is split off the same transaction.
That is why there is a separate setup at Payments → Payouts — it opens an account for you with our payment processor, Stripe, under your own name. Completing it is what makes your event able to take money. You can set it up once you have an event that charges an entry fee: that event's manage screen takes you there, and you only ever do it once.
Being the merchant is not only about where the money lands. If a competitor asks their bank to reverse an entry fee — a chargeback — it is taken back out of your account, along with Stripe's fee for handling one. BoutHost cannot contest a chargeback on your behalf. BoutHost's service fee is not returned on a refund or a chargeback.
Your record of every entry fee you have taken is at Payments, in your account menu, and it can be downloaded as a spreadsheet. That list, and the event page itself, are what you would use to answer a question about a charge later.