GoFundMe makes it easy for another friend or family member to securely access the funds you have raised. Through GoFundMe, they will receive direct access to the money you have raised. Please note: You will not be able to enter their bank information during the withdrawal process; they will need to do this themselves.
How much does GoFundMe cost?
GoFundMe is a for-profit company. On fundraisers for individuals or businesses it charges a 2.9% payment-processing fee on each donation, along with 30 cents for every donation. That means if a campaign raised $1,000 through 10 donations of $100 each, GoFundMe would collect about $32.Jan 5, 2022
How much does it cost to set up a GoFundMe?
GoFundMe has a 0% platform fee for organizers. However, to help us operate safely and securely, our payment processors deduct transaction fees (which include debit and credit charges) from each donation when made. Campaign beneficiaries receive all funds raised minus these transaction fees.
Do you need a bank account for GoFundMe?
Requirements in the US: A residential address in one of the 50 states (not a PO box) A US phone number. A US bank account in your name. Must be 18 years of age or over.Oct 1, 2021
Can u start a GoFundMe for anything?
Most people use GoFundMe to raise money for things like medical bills, educational expenses, memorials, volunteer trips, youth sports - even animals & pets! While it's free to create and share your online fundraising campaign, GoFundMe will deduct a 5% fee from each donation that you receive.