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Pricing and Payouts

Learn how much you'll receive from your online auction.

Alex McDonald avatar
Written by Alex McDonald
Updated over a week ago

Pricing & Fees

WinningBidder.com charges a 2.5% platform fee in addition to Stripe's payment processing fee of 2.9% + $0.30 per transaction.

Winning Bidders Cover Fees

In your Auction Settings, you can choose to:

  • Require winning bidders to cover fees

  • Allow winning bidders to cover fees

  • Do not allow winning bidders to cover fees

Donated Items & Cash Donations

See how much you'll keep on items you procure on your own.

"Grillmaster Basket" (Donated Item)

Cash Donation

Winning Bid or Donation Amount

$1,000

$500

Platform Fee

$25

$12.5

Processing Fee

$29.30

$14.80

Net Deposit

$1,000* or $945.70

$500* or $472.70

*Winning bidder covers fees during checkout.

TravelPledge Experiences

501(c)(3) nonprofits may auction experiences from WinningBidder.com's sister site TravelPledge at no risk if an experience doesn't sell.

For TravelPledge experiences that sell, you'll keep a percentage of the winning bid amount. Each experience displays a percent you'll keep, which will be 80%, 60%, or 40%.

Golf Foursome

(You keep 80%)

Ranch Adventure

(You keep 60%)

Greece Cruise

(You keep 40%)

Beach Vacation

Winning Bid

$500

$2,000

$8,000

Did not sell

TravelPledge Fee

$100

$800

$4,800

$0

Platform Fee

$12.5

$50

$200

$0

Processing Fee

$14.80

$58.30

$232.30

$0

Net Deposit

$400* or $372.70

$1,200* or $1,091.70

$3,200* or $2,767.70

$0

*Winning bidder covers fees during checkout.

Payment by Cash or Check

If a winning bidder pays for a donated item by cash or check, rather than the emailed invoice link, then no processing fees or platform fee apply. Simply fulfill the item and optionally mark the item as paid in WinningBidder.com.

If a winning bidder pays for a TravelPledge experience by cash or check, you will need to make electronic payment for the TravelPledge experience from your WinningBidder.com dashboard, and the fees apply.

Manually Charged Cards

Auction organizers may require bidders to enter a payment method prior to bidding, though winning bidders' cards will not be charged automatically.

We recommend giving winning bidders three days to pay their invoice on their own to minimize the risk of chargebacks. If they don't complete checkout on their own, you can manually charge their card from the bid report.

Manually charged cards by the organizer still incur the payment processing and platform fees.


Payouts

Deposits to your organization's linked bank account will happen within 10 business days of each winning bidder's payment. Winning bidder payments that occur on the same day will be grouped into one deposit. Track payouts from the Bid Report.

The payment descriptor in your organization's bank account will be WINNINGBIDDER.

If your winning bidder files a dispute with their credit card company, WinningBidder.com will counter the dispute. If the winning bidder wins the dispute, your organization, as the merchant of record, is responsible for reimbursing WinningBidder.com for any payouts associated with the disputed charge.

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