The cost to crowdfund

SALTWIRE NETWORK monies.

Competitor Indiegogo charges the same five per cent for a campaign but adds three per cent plus 30 cents per transaction in thirdparty payment processing fees. That’s slightly more expensive than Kickstarter. Fundly, another crowdfunding platform, also has similar fees. It takes 4.9 per cent as a platform fee and 2.9 per cent plus 30 cents for transaction processing fees.

Among the big crowdfunding sites, Gofundme is one of the few that does not charge a platform fee, charging only the 2.9 per cent and 30-cent per transaction payment processing fee.