When you back an artist, three things happen to the money. We Fund Artists keeps 5% of what you give: that's how the site runs. Stripe, which processes the payment, charges its card fee, about 2.9% plus 30¢. Everything else goes to the artist.
A worked example
Give $35 and this is where it goes. The card fee is Stripe's estimate; the exact amount is on your receipt.
| Just the amount | Covering the fees | |
|---|---|---|
| You give | $35.00 | $35.00 |
| Added to cover the fees | $0.00 | $3.16 |
| Your card is charged | $35.00 | $38.16 |
| Card fee, to Stripe (est.) | $1.32 | $1.41 |
| We Fund Artists' 5% | $1.75 | $1.75 |
| The artist receives | $31.93 | $35.00 |
Covering the fees
Before you pay, you can tick “cover the fees”. That adds a little to your total so the artist receives the full amount you chose, with both fees paid on top. It's optional, and the box shows the exact figure before you decide.
Refunds and fees
If you ask for a refund within 14 days, you get back the full amount your card was charged, and we give back our 5% on it. Stripe keeps its card fee on refunded payments; the artist's account absorbs that, not you.