LaunchGood collects a standard 5% platform fee along with an approximate 2.9% credit card processing fee plus 0.30 cents. Credit card processing fees vary depending on the payment processor, country, or the credit card.
Supporters have the option to cover the full ~8% in fees upon online checkout, and over 70% of supporters do! As a result, LaunchGood costs on average 2.5% for the campaign creators! There are no fees to sign up or create campaigns.
For campaigns with bank accounts outside of US and Canada, payout terms are as follows:
- There is a $20 USD fee for each wire transfer.
- 2.5% currency conversion fees if applicable. This applies if your local bank currency is different from your settlement currency.
- These fees are in addition to platform and credit card processing fees.
- It can take up to 7 business days to receive your funds if there are no holds.
- If any holds show up for compliance reasons, it can take up to 60 business days.