The following price list describes the platform fees Challengermode charges.
Product/service
Price/fee structure
Description
Services in Spaces (subscriptions & one-time fees)
30% platform fee, ex. VAT
A platform fee based on the price of the relevant service sold which shall be paid by the seller of such service to Challengermode by deduction on the relevant service price, excluding VAT.
Ticket sales & competition entry fees
10% platform fee, inc. VAT
A platform fee based on the price of the relevant service purchased. Challengermode deducts the platform fee directly from the relevant service price.
Marketplace services
25% platform fee, inc. VAT
A platform fee based on the price of the relevant service sold which shall be paid by the seller of such service to Challengermode by deduction on the relevant service price, including VAT.
Transaction fee on withdrawals
€2.49 + 4.99% of the withdrawal amount, up to €100.00 EUR
PayPal
€2.49 + 2.89% of the withdrawal amount, up to €25.00 EUR
Local bank transfers (EU, SEPA)
€4.99 + 2.89% of the withdrawal amount, up to €25.00 EUR
International bank transfer (eCheck/ACH)
€24.99 + 2.89% of the withdrawal amount, up to €35.00 EUR
International wire (USD to local currency or local to local)
€29.99 + 2.89% of the withdrawal amount, up to €40.00 EUR
International wire (USD to USD)