Pricing and payment terms for consultants
Commerce Hero Fees
|Contract work / projects||10%|
Payment Processing for Client Payment
|Payment Method for Client||Amount|
|Credit Card||2.9% + 30¢|
|ACH||0.80%, capped at $5|
Payment Processing for Payment to Contractor
|Paypal||2.9% + 30¢|
(No additional fee charged after client payment fee is charged)
For example, let's say a client pays you $2k for a project by ACH
- Client Payment Processing: $5
- Commerce Hero Fee: $200
- Paid to Contractor by Transferwise: $1795.
- Transferwise Fee (1%): $17.95
- Net to Contractor: $1,777.05
Frequently Asked Questions
- Does the Commerce Hero % fee apply indefinitely?
No, it only applies for the first 2 years that you're working with them. If your relationship with the contractor or agency lasts longer than 2 years, you don't have any fees to pay to Commerce Hero after the 2 year mark.