To help Content Creators earn more, VidFunder doesn't take a cut on the funds you raise with video idea campaigns - something no other fundraising platform has ever done. Instead, we charge our platform fee of 5% to subscribers (i.e. if they donate $1 they are charged $1.05 - with that $0.05 coming to us).
We figure splitting the platform fees between tens, hundreds and thousands of subscribers who donate is far better than charging it all to you, the Creator.
If a project is successfully funded, the following fees will be collected from the funding total: VidFunder’s 5% fee (paid by Subscribers), and Stripe's payment processing fees (between 3% and 5%). If funding isn’t successful, there are no fees.
Payment Processing Fees:
2.9% + 30c per pledge
Donations under $10 have a discounted micropledge fee of 5% + 0.05c per pledge
Please note: Stripe fees are charged on the entire Subscriber transaction amount - i.e. the $1.05 and not just the $1.