When you’re starting on Fiverr, it’s important to understand how much money the platform takes from your hard-earned sales. In this article, we’ll break down the various fees and explain how much of each sale goes to Fiverr. We’ll also dispel some of the myths that have arisen about Fiverr’s seller fees over the years. So read on to learn everything you need to know about how much Fiverr takes from its sellers!
How Much Does Fiverr Take From Sellers in 2022
As a Fiverr seller, you’re probably most concerned with the platform’s commission fee. When you make a sale on Fiverr, the company takes 20% of your earnings as its commission. So if you sell a gig for $100, you’ll only take home $80 after Fiverr’s cut. This may seem like a lot, but it’s actually on par with other freelancing platforms. For example, Upwork also takes 20% of your earnings as its commission fee.
However, Fiverr does have one major advantage over other freelancing platforms when it comes to fees: there are no withdrawal fees! That means that you can withdraw your earnings to your PayPal or bank account without having to pay any additional fees. On Upwork, by contrast, you’ll have to pay a $0.99 withdrawal fee every time you want to transfer your earnings to your bank account.
So all in all, Fiverr’s commission fee is fairly standard for the industry. But what about other fees? Fiverr also charges buyers a service fee, which is currently set at $0.50 for orders under $40 and capped at $15 for orders over $500. This fee goes to Fiverr, not the seller.
In addition, if you use Fiverr’s optional “gig extras” feature to offer additional services to buyers, you’ll be charged an additional fee of $0.50 per gig extra. So if you offer two gig extras at $20 each, Fiverr will take an additional $0.50 + $0.50 = $01 from your earnings.
Finally, it’s important to note that Fiverr also charges VAT (value-added tax) on all orders, depending on the buyer’s location. For example, if a buyer in the UK purchases your gig, you’ll be charged 20% VAT on your earnings. This fee goes to the government, not Fiverr.
All in all, Fiverr is a fairly standard platform when it comes to fees. The company takes a 20% commission on all sales, as well as a small service fee from buyers. If you use gig extras, you’ll be charged an additional $0.50 per gig extra. And finally, Fiverr also charges VAT on all orders, depending on the buyer’s location.