MagicFund

Fees

Donation Fees

When you launch a fund inside the MagicFund app, donations to your fund are subject to fees at one of the rates listed below. This does not apply to commissions you may earn when sharing other MagicFund users' funds.

Disbursement Fees

When you earn money with MagicFund, from either donations or commissions, your earnings are sent to your debit card or bank account through Stripe (http://www.stripe.com), an online payment processor. MagicFund pays Stripe to facilitate these payouts. In order to cover this cost, MagicFund deducts the below fees from your earnings before sending you money via Stripe.

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