Pricing
Getfundz | Crowdfunding Platform
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One small card transaction fee of 2.9% + 0.30c + 2% platform fee is automatically deducted per donation. That’s it. Everything else goes directly to your cause.
All payments will be processes in Australian Dollar (AUD).
Pricing structure sample:
Payment Processor Transaction Fee:
• 2.9% of the transaction amount
• Minus 30c as a fixed transaction fee
GetFundz Platform Fee:
• 2%
Example Calculation on a $100 Contribution:
• Transaction Fee (2.9%): $100 * 2.9% = $2.9
• Fixed Transaction Fee: $0.30
• Total Transaction Fee: $2.9 - $0.30 = $3.2
• Additional Platform Fee Deduction: (2% of $100) $100 * 2% = $2
Therefore, for a $100 contribution:
• Total Transaction Fee: $3.2 (payment processor)
• Additional Deduction: $2 (platform fee)
• Net amount you receive = $94.80 ($100 - $3.2 - $2)
This pricing structure ensures clarity regarding the fees deducted from contributions, allowing you to calculate the net amount received after transaction and processing fees.
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