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In November 2017, GoFundMe announced that it will no longer charge a 5% fee per donation for US, Canada, and UK individual campaigns, and instead rely upon tips left by donors to support the website. The processing fee for online credit card payments will still apply to donations. [25]
New GoFundMe tools will make it easier to circulate causes across online platforms in a push to cater toward younger generations. ... The company collects a transaction fee of 2.9% plus 30 cents ...
GoFundMe charges 2.9% plus $0.30 for each transaction, which "helps us pay our payment processors and safely deliver funds," the company said in a statement to Business Insider.
YouCaring was a crowdfunding website for personal, medical, and charitable causes. The company was a Certified B corporation based in San Francisco, California. [1] YouCaring did not take a percentage of funds raised on its site, or charge those raising funds a fee (any fees associated with third-party credit card processors such as PayPal are paid by donors).
Their default "Starter" pricing is to charge the non-profit a 5% platform fee from each donation, plus a payment processing fee (credit card fee) of 2.9% + $0.30 per donation. [11] Donors may choose whether to pay the fee in addition to the amount of their donation or to have the fee subtracted from their donation amount before being delivered.
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It now part of GoFundMe. ... the site to raise $32,000 to pay for one sister's kidney transplant. ... creators and a processing fee of 2.9% + $0.50 per transaction ...
GoFundMe said more people are using its crowdfunding site to pay for "essential expenses" like housing and food based on their annual "Year in Help" report released earlier this week.
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