When it comes to fees, we keep it simple. Since our inception, we set out to make group organizers’ lives easier. That means avoiding fees. On Cheddar Up, group organizers can always collect indefinitely for zero setup, monthly or transactional fees. Collecting on Cheddar Up is always free.
By default, payers pay a convenience fee of 3.5% + $0.45. If your community needs more options, organizers can turn on additional payment methods including:
- Echeck, which varies Basic: 1% (minimum $1.00)
Pro Plan: Flat $0.85
Team Plan: Flat $0.45 depending on your plan but can be as low as a flat $0.45.
- Cash/check, which is free
You can enable the echeck payment method on a collection-by-collection basis from within Build > Settings.
Yes. If preferred, organizers can absorb transactional processing fees instead of passing them on to payers. You can change this setting from within Build > Settings. If you do so, any fees incurred will be deducted from the total amount you receive (e.g., If someone pays you $10 via a credit card, you will have $9.20 available to withdraw).
If you prefer to have the organizer absorb fees, but you would also like to give payers the option to cover those fees at checkout, this can also be done. Go here to learn how to turn on these other fee options.