At Finay, our goal is to empower creators by providing a platform where you can earn as much as possible from your sales. That’s why we charge no fees for selling media on our marketplace—allowing you to keep 100% of your earnings in Riffs, our in-app currency. Here’s how we handle fees to keep more of your earnings in your hands:
Selling Media: Keep 100% of Your Riffs
No Selling Fees: Finay doesn’t take any fees from your media sales, meaning you receive the full amount in Riffs from each transaction.
Transparent, No Hidden Costs: We believe in keeping things straightforward. There are no hidden fees or additional charges on your sales—what you see is what you earn.
Minimal Fees for Converting Riffs to Fiat Currency
To help cover platform maintenance, we apply only a small fee for withdrawals:
5% Conversion Fee: When converting Riffs to fiat currency, a minimal 5% fee is applied. We keep this as low as possible to support the operational costs of maintaining the platform.
Tipalti Withdrawal Fees
Finay uses Tipalti to process withdrawals, offering a secure and flexible way to access your earnings. Depending on the selected withdrawal method, Tipalti may apply the following fees:
ACH (Bank Transfer): $1.00 per transfer
Wire Transfer: $15.00 for domestic and $20.00 for international transactions
PayPal Withdrawal: For users who withdraw through PayPal, fees may vary based on location and currency, in addition to standard PayPal fees for processing credit card transactions.
Other Payment Methods: Fees may vary depending on the selected method and location, allowing flexibility based on your needs.
PayPal Credit Card Processing Fees
When using PayPal to process credit card transactions, additional fees may apply depending on your location and currency conversion needs. You can review PayPal’s specific fee structure here.
Gas Fees on Us
Gas Fees Covered by Finay: All gas fees for blockchain transactions are paid by Finay. This means you won’t incur additional charges for the security and transparency of blockchain transactions.
By partnering with Tipalti and covering gas fees, Finay minimizes fees to ensure more of your earnings stay with you, making it a straightforward, cost-effective experience.