Readers ask: How Indie Gogo Charge?

How does Indiegogo payment work?

Indiegogo currently accepts payments from direct credit/debit cards, Apple Pay, and Google Pay. At this time, if you are contributing via direct credit/debit card: Credit/Debit Cards accepted across most campaigns are: Visa and MasterCard.

What is the Indiegogo fee?

According to Indiegogo’s fee page, they charge a flat 5% fee on the total funds raised. Then their credit card processor Stripe charges an additional 3% plus $0.30 per transaction.

Does Indiegogo charge immediately?

Please note: Your credit card will be charged the contribution amount immediately if your transaction was successful, not at the end of the campaign.

What happens if an Indiegogo campaign fails?

If your campaign does not meet its goal by its deadline, all your backers will be refunded by Indiegogo within 5-7 business days. Choose fixed funding only if your campaign objective requires a minimum amount of money to be accomplished, and if you cannot fulfill your perks without raising the full goal amount.

Which is better GoFundMe or Indiegogo?

Depending on how much money you’re looking to raise – and how confident you are in marketing your campaign – GoFundMe is a perfectly adequate option for fundraising your campaign. Indiegogo is a good option if your project doesn’t fall into the specific categories that other crowdfunding sites cater to.

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What countries can use Indiegogo?

Campaign creation is currently available to individuals in the US, UK, Canada, Australia, Hong Kong (China campaigns may be eligible), Austria, Belgium, Denmark, Germany, Finland, France, Republic of Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Singapore, Spain, Sweden, Japan, or Switzerland who meet the

How popular is Indiegogo?

Indiegogo has successfully launched over 800,000 ideas with its 9-million-strong community. At any given point it has around 1,200 live campaigns and 1,800 InDemand campaigns (Kickstarter has 3,000+).

Do I have to pay taxes on Indiegogo?

Project transactions that were generated outside of Kickstarter or Indiegogo won’t be reported on the 1099-K that you receive from them, but you’ll still have to pay taxes on those funds. Some of the money included in the form may be tax-deductible.

Does Kickstarter cost money?

If your project is successfully funded, the following fees will be collected from your funding total: Kickstarter’s 5% fee, and payment processing fees (between 3% and 5%). If funding isn’t successful, there are no fees.

Can you end Indiegogo campaign early?

Indiegogo campaigns are automatically set for a maximum run time of 60 days, but we may choose to offer an extension in our sole discretion. We’ve built a tool that allows you to make a one-time extension to your campaign’s deadline- up to 60 days after your launch date!

Do I have to use my real name on Kickstarter?

No, you can signup with the name you like, even your project name. When publishing your project you will be required to add your ID card and bank account. These info will be hidden to all kickstarter and other users.

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Can you back out of Indiegogo?

For InDemand campaigns, backers may request a refund from Indiegogo up to ten (10) days after the contribution was made unless the perk(s) has been “Locked” or “Shipped” by the campaign owner. Indiegogo reserves the right to terminate user accounts and remove campaigns for any abuse of this Refund Policy.

How often do Indiegogo projects fail?

Indiegogo declined to share figures on how often campaigns fail to deliver products. But a 2015 analysis of Kickstarter data found that 9 percent of that platform’s crowdfunding projects failed to deliver rewards, and only 65 percent of backers said their rewards were delivered on time.

Should I buy on Indiegogo?

While there is a small element of risk, and it is small as the vast majority of projects are completed and delivered to backers, Indiegogo remains an excellent place to find new, exciting products that could be the next big thing or just fill a need you didn’t realise you had.

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