How Much Does Go Fund Me Charge in Fees?

gofundme fees

What is GoFundMe?

GoFundMe is an online source that makes it incredibly easy for people to raise money for various situations. This is one of the most worldwide crowdfunding sites. These accounts are usually made to help with costs of emergency situations, web accounts that collect donations and simple fundraisers. As opposed to creating your own fundraiser, with advertising and website hosting costs eating into the money you raise (even with a working voucher), GoFundMe offers a free platform that handles payments for you. But is it completely free?

It is a short process to set up the entire account. And, the website also allows for a great number of aspects personalization to be changed for your own personalization. This fundraising tool is very popular and it has been around for quite a while, the success rates are very high.

What to know before starting a Go Fund Me account?

You should know that GoFundMe has helped users raise over 5 billion dollars throughout the lifespan of this platform. So before you start your campaign, understand that there are millions of success stories associated with this company and you too can be one of them.
The website also has an app for iPhones that can be downloaded and it offers 24/7 customer service and support for both users and donors. There is a 0% platform fee, which means that everything is completely free to start your GoFundMe account and your actual campaign.
The website is practically simple enough to start your campaign, personalize it and share it with your audience all within a few short minutes.

GoFundMe’s Fees Are As Follows:

GoFundMe has a 0% platform fee, which means that it’s completely free to start a page. However, there is a credit card processing fee of $0.30 that is charged for every donation. This fee is accompanied by another deduction of 2.9%, a standard transaction with the sole purpose to ensure the safe transfer of the donors’ of funds.

As stated before, if you are starting your campaign and you are accepting any of the following: US Dollars, British pounds, or Canadian dollars then that 0% platform fee still applies to you. There are certain European countries that are free as well as others that have fees. There is a list that can be found on the website for other countries of the world, so you should definitely check into that if you plan on using any other forms of currency.

What payment methods are accepted?

GoFundMe accepts a wide variety of payment methods for donations. It basically depends on your location in the world, whether or not the company accepts certain processors. Here are a few of the most commonly used payment processors. GoFundMe accepts Visa, Mastercard, Discover, American Express, Sofort (which is for German donors), GiroPay (which is for German donors) and, iDeal ( which is popular with Dutch donors.)
PayPal Accounts are also accepted but it is wise to do research if you are located outside of the United States.

How to receive your funds?

GoFundMe sends the money directly to you, which is one of the features people love the most. The platform does not restrict any donors, any amount of donation is accepted. This is absolutely one of the best sites to partner with and utilize for your fundraising needs.

Is GofundMe right for me?

GoFundMe happens to be the perfect platform for collection donations thorough online transactions for both personal reasons and crowdfunding. Because the platform does not charge excessive fees to users, the majority of them collected funds from various donors that are completely 100% profitable for the actual charitable cause. This makes it much easier for goals to be reached by reducing the amount that would otherwise be deducted for fees on other platforms.
So Gofundme me is definitely the perfect website to utilize in the event that you would like to start a campaign. The most beautiful factor is that people are really able to get the help that they are seeking. It doesn’t matter whether the cause is a memorial service, raising money for pets or even college funds, there are no limitations.
GoFundMe is strictly donation-based so the platform makes it simple and easy to be able to ask for whatever it is that you are requiring help. Your only job is to fill out the forms and complete your campaign and then you are able to share it with your audience, your friends and your family. Social media networks are very useful in these cases, that allows people everywhere to donate to you. It is completely fine if you have ever experienced hardship, just remember that tough times don’t last. You may absolutely be surprised by the number of people who are willing to help out in the time of need.
GoFundMe offers a guarantee that proves that they are trustworthy and safe and that the team is working to meet all of your needs while ensuring both donors and receivers are properly protected.

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