Last updated: October 20, 2018
Using the marketplace
We do not charge any fees for using the Megadeeds marketplace. There are no setup fees, no monthly fees, and no listing fees.
Buying and Selling on the marketplace.
For seller: we do not charge any fees for selling an item or service on the Megadeeds marketplace. When you offer an item or service for sale on our marketplace, you agree to donate a portion of the sale proceeds to the fundraiser of your choice, and the rest of the payment will be sent directly to you. Our payment processor PayPal may charge a small fee for the payments you receive depending on your country or account status or the classification of the transaction. Please refer to PayPal’s Fees Policy for more details.
For buyer: we do not charge any fees for buying an item or service on the Megadeeds marketplace. In most cases, our payment processor PayPal does not charge any fees for making a payment via PayPal. Please refer to PayPal’s Fees Policy for more details. If you do not have a PayPal account, you can use your debit card or credit card via PayPal without any fees.
Edit or cancel the listing on the marketplace.
There is no fee to edit, revise, or end the listing early.
The Fundraise Campaign
Setup and using Megadeeds
There are no fees to sign up with Megadeeds fundraising, and there are no monthly fees to use it.
Start a fundraising campaign
There are no fees to start a fundraising campaign on Megadeeds.
Megadeeds platform fees
For collected donations, Megadeeds takes a small platform fee of USD $0.25 plus 4% per donation transaction. Our payment processor PayPal also takes a percentage for donation transaction processing. Please refer to PayPal’s Fees Policy for more details.
For each transaction, funds are deposited directly into your PayPal account after the platform fee is deducted from your collections. The donated funds are available to you immediately for withdrawal from your PayPal account. Please refer to PayPal’s User Agreement for more details on withdrawal policy.
Exceed or fall short of funding goal
Whether you exceed, or have not met your fundraising goal, you can still keep all the funds raised. The platform fees remain the same whether you exceed, meet, or fall short of your funding goal.