It's free to create and share your online fundraising campaign. We charge a 5% platform fee for our basic plan. There is also a payment gateway fee that can vary from 2 to 3.2% depending on the payment gateway used. We are in it together; we succeed only when you do! The pricing structure for the 2016 Bengaluru Marathon fundraising event would be as under:
The platform fee would be deducted on the total amount raised by the organisation for this project. The higher the funds raised for this project, the lower the platform fee charged on the amount raised. Please see the following pricing structure for platform fee.
Funds Raised | Platform Fee Pricing (excluding service tax* on platform fee + PG fee**) |
0 to 5 Lakh | 5% |
5 to 10 Lakh | 4% |
10 to 15 Lakh | 3% |
15 Lakh & above | 2% |
Also, here is an example below that will give you an idea on how the split-up happens and how much funds your organisation would receive considering say you raised Rs.1000/- and $1000/- respectively.
| INR | USD |
Amount Raised | 1000 | 1000 |
Milaap Fee 5% | 50 | 50 |
Service tax*(15% on Milaap fee) | 7.5 | 0.0 |
PG Fees** | 21.7 | 29.3 to 32.3 |
Amount to be transferred | 920.8 | 920.7 - 917.7 |