Cryptocurrency Q&A
Does Kickstarter take a cut?
Does Kickstarter take a cut?
Rosalia
Fri Sep 06 2024
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6 answers
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Excuse me, I was wondering if I could get some clarification on something. In the world of crowdfunding, platforms like Kickstarter are incredibly popular for helping people raise funds for their projects. However, I've heard rumors that Kickstarter takes a portion of the funds raised as a fee. Is this true? If so, what percentage of the total funds raised does Kickstarter typically take as a cut? It would be greatly appreciated if you could provide me with some insight on this matter.
6 answers
Giulia
Sun Sep 08 2024
Upon successful funding of a project, Kickstarter imposes a 5% fee on the total amount of funds collected. This fee is charged to the creators as a service charge for utilizing the platform's services.
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Giulia
Sun Sep 08 2024
Stripe, the payments processor partnered with Kickstarter, facilitates the secure and efficient transfer of funds between backers and creators.
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HanbokGlamourQueenElegance
Sun Sep 08 2024
Along with Kickstarter's fee, Stripe collects a payment processing fee, which typically ranges between 3% and 5% of the total transaction amount.
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BonsaiVitality
Sun Sep 08 2024
This payment processing fee covers the costs associated with processing the transactions, including security measures, fraud prevention, and customer support.
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SeoulSerenity
Sun Sep 08 2024
Kickstarter, as a popular crowdfunding platform, facilitates the funding of various projects by enabling creators to showcase their ideas and receive monetary support from backers.
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