Here’s how BackMe works.
BackMe is the bridge between Creators and Backers. Easy, isn’t it?
All payments that are processed immediately by our payment provider e.g. iDeal, creditcard, PayPal are deposited in the first week of each new month in your with us registered account.
However SEPA direct debit payments take longer to clear. This is because a SEPA Direct Debit payment is not fully guaranteed because the backer has up to 56 days to retrieve the payment that took place. Therefore we can’t clear payments till after the 56 days. You can find more information about SEPA here.
See the schedule below for all our supported payment methods and the time that is required to process a payment.
|Payment Method||Process time|
|iDEAL||First week of each month|
|Bancontact||First week of each month|
|Overboeking||First week of each month|
|KBC-Betaalknop||First week of each month|
|Belfius Direct Net||First week of each month|
|Creditcard||5 Business days|
|SOFORT Banking||3 Business days|
|Giropay||2 Business days|
|eps||2 Business days|
|paysafecard||Every 30 days|
|PayPal||Every 30 days|
|SEPA incasso||Every 60 days|
|Klarna||5 Business days|
|Przelewy24 (P24)||2 Business days|
From October 1st 2020 BackMe charges only a 10% fee on the total amount of the donations (before it was 20%) to sustain the platfom (servers, maintenance, development, etc.), other than that you need to know that each payment method has a transaction cost that the payment provider withholds.
Because of the large volume of transactions that we process, we regularly gain discounts from our payment provider for the transaction costs. When we receive any discount we immediately apply the advantage to all our content creators and this we try our best to share the benefits that we achieve as a large group of content creators.
See current transaction cost for each payment method.
|Payment Method||Fee per transaction|
|Mastercard||€ 0.30 + 1.8%|
|Visa||€ 0.30 + 1.8%|
|American Express||€ 0.30 + 2.8%|
|Apple Pay||As credit card rate|
|SEPA Directdebit||€ 0.30|
|SEPA Transfer||€ 0.30|
|SOFORT Banking||€ 0.30|
|Cartes Bancaires||€ 0.30|
|Belfius betaalknop||€ 0.30|