# Pricing

## Terminology

<table><thead><tr><th width="189">Term</th><th>Description</th></tr></thead><tbody><tr><td>Platform fee</td><td>We charge a platform fee to competitors on each contribution made through the platform.</td></tr><tr><td>Payment processor fee</td><td>This is the fee charged by our payment provider, Stripe. This is applied to each transaction (eg. card payments). <a href="https://stripe.com/gb/legal/card-payments-summary">See Stripe's fees</a></td></tr></tbody></table>

## Current platform plans

<table data-view="cards"><thead><tr><th></th><th></th><th></th></tr></thead><tbody><tr><td><strong>Standard</strong></td><td>Our core features designed to enable you to receive contributions from your community and organisations.</td><td><br><strong>5% of any contributions received via Sponsor Driven</strong></td></tr><tr><td><strong>Founders</strong></td><td>During the waitlist period, we offered a low platform fee to competitors who joined the platform early.</td><td><br><strong>3% of any contributions received via Sponsor Driven</strong></td></tr><tr><td><strong>Ambassador</strong></td><td>We are introducing an Ambassador program which offers zero platform fees.</td><td><br><br><strong>0% platform fee applied to contributions received via Sponsor Driven</strong></td></tr></tbody></table>

### What is the Founders plan?

Our Founders plan offered a lower platform fee to competitors who joined the platform while there was a waitlist period. If you're on this plan, thank you for helping us build the platform and taking a leap of faith with us!

### What is the Ambassador plan?

Our Ambassador plan is part of the new Ambassador Program, giving competitors zero platform fees in return for promoting our platform. Competitors can apply to be part of the Ambassador Program.

## Payment processing fees

We use Stripe as our payment provider, which has it's own fees that apply to each transaction made through the platform. This helps cover the cost of:

* **24/7 fraud monitoring:** Fraud gets caught before it hits your balance, so you never have to worry about it
* **Recovering failed payments:** Declined payments get chased down with smart retries and reminders for expired card
* **Global currency conversion:** Your pricing is automatically converted to your contributors’ local currencies to facilitate international payments
* **Streamlined checkout:** A simple checkout experience and quick authorisation process make it easy for you to receive contributions and sponsorship funds
* **Multiple payment methods:** A wide range of major credit cards are accepted on Sponsor Driven

**Quick Links:**

* <https://stripe.com/gb/legal/card-payments-summary>


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