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Hi great story! I have been watching Buy Ma Coffee for a couple of years now and I had no idea it was a side project. How do you monetize Buy Me a Coffee? Do yo
by adim86 7y ago
Hi great story! I have been watching Buy Ma Coffee for a couple of years now and I had no idea it was a side project. How do you monetize Buy Me a Coffee? Do you just take a cut from the contributions made? or do you have a different model?
- jijosunny 7y agothank you! Yes, we take a 5% cut like Kickstarter.
- alasdair_ 7y ago>thank you! Yes, we take a 5% cut like Kickstarter. So if someone donates $1, I would receive 95c in my bank account? How do you make money on this when Stripe is likely charging you quite a bit more than 5c in transaction fees?
- Wouter33 7y agoThey charge 5% besides any Stripe or Paypal fees. The users connect their own Stripe and Paypal accounts and Buy Me a Coffee charges a platform fee.