Gov/en/Portal:Economy/Payment-Methods

💡 In simple words: Payment methods are the different ways you can pay or get paid on the platform, like cards, bank transfers, or credits. You pick the one that works best for you.

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Payment Methods

WikiDeal:Economics NEW

Contents

WikiDeal offers two fundamentally different payment methods, each with distinct fee implications. The choice of payment method directly affects the total cost of a Transaction. Understanding this distinction helps users make informed decisions and reduces Transaction friction.

Internal platform payment = FREE (0% Transaction fees) · Credit card = +2.9% (Stripe) added on top of Transaction value

Payment Methods

Credit card	+2.9% fees
Internal payment	0% (FREE)
Fee bearer	Buyer (added on top)
Provider (card)	Stripe / equivalent
Internal source	WikiDeal platform account

Two Ways to Pay

WikiDeal recognises that payment Infrastructure costs are real and must be transparently allocated. Rather than hiding Transaction fees inside the Commission or averaging them across all users, WikiDeal makes payment method costs explicit and user-controlled. You choose how you pay; you know exactly what it costs.

Credit Card Payment (+ Transaction Fees)

When a user pays by credit card (Visa, Mastercard, etc.) via Stripe or an equivalent payment processor, the Transaction fee is added on top of the Transaction value. The buyer pays more; the seller receives the negotiated amount.

Transaction value: 100 EUR Card Transaction fee (Stripe): +2.9% Total paid by buyer: 102.90 EUR Received by seller: 100 EUR Fee goes to: Stripe / payment processor (not WikiDeal)

Key principles:

• Transaction fees are added — not hidden inside the price
• The fee goes to the payment processor (Stripe), not to WikiDeal
• The displayed Transaction price is always the pre-fee amount
• The buyer sees the fee breakdown before confirming

Internal Platform Payment (Free)

Users who pre-fund their WikiDeal platform account can transact without any Transaction fee. This "internal payment" method uses funds already in the WikiDeal system — no credit card network is involved, so no processing fee is charged.

Transaction value: 100 EUR Internal Transaction fee: 0% Total paid by buyer: 100 EUR Received by seller: 100 EUR Fee: NONE

1 Fund your account

Transfer money to your WikiDeal platform account via bank transfer or initial card payment

2 Funds sit in your WikiDeal wallet

Your balance is held in the WikiDeal system, ready to use for any Transaction on the platform

3 Pay from your WikiDeal account

When making a Transaction, select "Pay from WikiDeal balance" — no card, no fee

4 Transaction completes instantly

The amount moves between WikiDeal accounts — no external network involved

Side-by-Side Comparison

Aspect	Credit Card	Internal Payment
Transaction fee	+2.9% (Stripe)	0% (FREE)
Who pays the fee	Buyer (added on top)	N/A
Setup required	None — use any card	Pre-fund account via transfer/card
Speed	Instant	Instant
Withdrawal available	N/A	Yes (bank transfer out)
Best for	One-off, irregular Transactions	Regular users, frequent Transactions

Implications for Commission Calculation

Transaction fees (card processing) are separate from WikiDeal Commissions. When calculating the total cost of a Transaction:

Total cost (card) = Transaction value + WikiDeal Commissions (1.5% + UG%) + Card fee (2.9%) Total cost (internal) = Transaction value + WikiDeal Commissions (1.5% + UG%) + 0%

Example — 100 EUR babysitting service: Commission (1.5% central + 3.5% UG = 5%): +5 EUR Card fee (2.9%): +2.90 EUR TOTAL (card): 107.90 EUR TOTAL (internal): 105 EUR

See also: Revenue Structure Wallet Subscription Model