Platform Fee

What it means

The platform fee is the portion of a donation that goes to HypeRaise for providing the fundraising software, campaign pages, participant tools, and reporting. It is distinct from the processing fee, which is charged by Stripe to handle the technical work of moving and authorizing payments.

How it works on HypeRaise

HypeRaise's published structure returns 85 percent of proceeds to the program, net of Stripe processing fees, meaning the platform fee is fully disclosed rather than buried in a vague deduction. Donors have the option to cover both the platform fee and the processing fee themselves through the cover-fee prompt at checkout, which increases the amount that ultimately reaches the program.

Key details

Many competing peer-to-peer platforms do not publicly disclose a flat revenue-share percentage, which makes direct comparison difficult for an administrator evaluating options. Stating the platform fee clearly, and separating it from the processing fee, gives administrators a specific number to bring to a school board or booster membership rather than an approximate range.

Administrators comparing platforms should ask what percentage other vendors take and whether that figure is published anywhere, since an undisclosed fee structure is itself a data point worth weighing against a platform that states its number directly.