Tip Jar & Albums: Transaction Fees

BandLab offers two unique options for sending and receiving money:

Tip Jar gives listeners the ability to provide monetary support directly on a creators BandLab profile.

Albums are a collection of projects or uploaded tracks in BandLab that can be purchased for a flat fee or “pay what you want”.

Transactions for Tip Jar and Albums are handled via PayPal and Stripe. Each service has a small transaction fee that is deducted from the payment amount. As such, there is no additional cost at any point within the transaction. BandLab does not charge a fee to either party for transactions; artists will receive the full payment minus the PayPal or Stripe fee.

Fees for PayPal and Stripe are variable, but an estimated guideline can be found below:

fee_guide.png

Example with $5 USD (20p GBX converted to .26 USD)

fee_example.png

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