At Backrzone INC., we are committed to transparency in our fee structure.

Our goal is to provide a sustainable platform that empowers creators while keeping costs manageable. We believe in aligning our success with yours, and our fees are designed to support that principle.

Platform Fees:

Backrzone INC. charges a platform fee on successful campaigns. This fee covers the costs of maintaining the platform, providing customer support, processing payments, and ensuring the security of all transactions.

Campaigns raising funds using traditional payment methods (e.g., credit cards, debit cards): 5% of the total funds raised.

Campaigns raising funds using cryptocurrency: 3% of the total funds raised. We believe in embracing the future of finance, and offer a reduced fee for utilizing cryptocurrency transactions.

Payment Processing Fees:

In addition to the platform fee, payment processors may charge their own fees for handling transactions. These fees vary depending on the payment method used and the location of the backer.

Traditional Payment Methods: Payment processing fees typically range from 2.9% + $0.30 per transaction. These fees are deducted directly from the contribution amount by the payment processor. Backrzone INC. does not control these fees.

Cryptocurrency Transactions: Cryptocurrency transaction fees (often referred to as "gas fees") are paid directly to the blockchain network and are separate from Backrzone INC.'s fees. These fees vary depending on the cryptocurrency used and network congestion. Backrzone INC. does not control these fees. We work to support cryptocurrencies with low transaction fees to minimize costs for backers and creators.

Withdrawal Fees:

There are no fees charged by Backrzone INC. for withdrawing funds from a successful campaign. However, payment processors may have their own withdrawal fees, particularly for traditional payment methods. We encourage you to review the terms and conditions of your chosen payment processor for details on any applicable withdrawal fees.

Examples:

Traditional Funding: If a campaign raises $10,000, the Backrzone INC. platform fee would be $500 (5%). Payment processing fees would be deducted from each individual contribution by the payment processor.

Crypto Funding: If a campaign raises $10,000 equivalent in cryptocurrency, the Backrzone INC. platform fee would be $300 (3%). Network transaction fees ("gas fees") would be paid separately by the backer for each contribution.

Fee Transparency:

All applicable fees will be clearly displayed to creators and backers before any transactions are finalized. We believe in complete transparency and want to ensure that everyone understands the costs associated with using our platform.