Pricing Details for HopeFund by Pragati Path Welfare and Education Society
At HopeFund, operated by Pragati Path Welfare and Education Society, we aim to provide complete transparency about the pricing structure associated with using our crowdfunding platform. This section outlines the details of any fees or charges involved in contributing to or managing a campaign on HopeFund. By using our platform, you agree to the pricing terms described below.
1. **Donation-Based Platform
HopeFund is a donation-based crowdfunding platform designed to support charitable initiatives and social causes. We enable individuals and organizations to raise funds for their projects and provide a seamless donation experience for supporters. All contributions made through HopeFund are voluntary, and donations directly support the campaigns listed on our platform. However, there are some costs associated with maintaining and operating our platform.
2. **Platform Fees
To maintain the platform’s operations, HopeFund charges a platform fee on each successful donation. This fee covers website maintenance, development, customer support, and the marketing tools we provide to help campaigns succeed.
- **Platform Fee**: HopeFund charges a platform fee of **5%** on all donations made to campaigns. This percentage is automatically deducted from each contribution before funds are transferred to the campaign organizer (referred to as the "Campaigner").
3. **Payment Processing Fees
In addition to the platform fee, third-party payment processors (such as credit card companies, banks, or digital wallets) apply their own transaction fees to process donations. These fees are separate from HopeFund’s platform fee and are determined by the payment processor.
- **Payment Processing Fees**: Payment processors typically charge a fee of **2% to 3%** per transaction, along with a small fixed fee (e.g., $0.30 per transaction). These fees may vary based on the payment method, location, and currency used.
Both the platform fee and the payment processing fee are automatically deducted from each donation before funds are disbursed to the Campaigner. The remaining amount is transferred directly to the campaign.
4. **Campaign Setup and Maintenance
HopeFund does not charge any upfront fees for setting up a campaign. Campaigners can create and launch a campaign free of charge. We believe in making fundraising accessible to everyone, so there are no hidden fees or costs for listing a campaign on the platform.
- **Free Campaign Setup**: Campaigners are not required to pay anything to start their fundraising campaign on HopeFund.
- **No Monthly Fees**: We do not charge ongoing subscription or maintenance fees for running a campaign.
5. **Refund Policy for Fees
HopeFund’s platform fee and payment processing fees are non-refundable once a donation has been processed. If a donor requests a refund, the original donation amount minus any platform and payment processing fees may be returned, depending on the circumstances (refer to our **Cancellation Policy** for details).
6. **Campaign Goal and Payouts
Campaigners can set a fundraising goal for their campaign, but they are not penalized if the goal is not met. Campaigners will receive the funds raised, minus the applicable fees, regardless of whether the goal is fully achieved.
- **No Penalty for Incomplete Goals**: Even if the fundraising goal is not met, Campaigners will receive the funds raised, after deducting the platform and processing fees.
- **Payout Schedule**: Funds are typically disbursed to the Campaigner within **7-14 business days** of a successful donation, depending on the payment processor and banking procedures.
7. **Currency and Exchange Rates
Donations on HopeFund can be made in multiple currencies, depending on the donor’s location. Please note that if donations are made in a different currency from that of the Campaigner’s account, currency conversion fees may apply.
- **Currency Conversion**: Payment processors may apply conversion fees for donations made in a different currency, and exchange rates are determined by the processor at the time of the transaction.
8. **Contact Us for More Information
For any questions or concerns regarding the pricing structure, fees, or payment processing, please contact our support team:
Pragati Path Welfare and Education Society
Email: [Insert contact email]
Address: [Insert mailing address]
By using HopeFund, you agree to the pricing details and terms described above. We are committed to maintaining transparency in all our pricing and operational processes.