Setting up a Collective is free, but fees may apply to accept and pay out money.
More details: Open Collective Pricing
Term | Meaning | Note |
---|---|---|
Platform Tip | Voluntary donation to Open Collective | Financial contributors see the tip option at checkout |
Host Fee | Fee charged by Fiscal Hosts to Collectives for their hosting services | Varies depending on the Fiscal Host (commonly 0%-10%) |
Platform Share | Host Fee revenue shared with Open Collective | 15% of Host Fees charged by Fiscal Hosts goes to the platform |
Owed | Platform Share and Platform Tip amounts due to be paid | Seen in Host reports and data exports |
Want to see a detailed tour of how money flows on Open Collective?
We iterated the pricing model a few times before settling on what we think is the best method. We're still updating terms in a few places, so for clarity these are defined here in case you encounter them.
Term | Replaced by |
---|---|
Platform Fee | Platform Share |
Host Fee Share | Platform Share |
Shared Revenue | Platform Share |
Debt | Owed |