How Payments Work on Linno Fund: A Step-by-Step Guide

 

Payments are a crucial part of crowdfunding. In this guide, we’ll explain how payments work on Linno Fund to ensure a smooth contribution process for both backers and creators, helping you understand fees, funding models, and payment security.
 

 

Step 1: Choose Your Preferred Payment Method
 

At Linno Fund, we support various payment options to make backing campaigns easy, whether you prefer cards, digital wallets, or local payment methods.
 

Accepted Methods: 

 

Credit and Debit Cards: Major credit and debit cards, including Visa, Mastercard, and American Express, are accepted.

Apple Pay and Google Pay: Use your Apple or Google account for quick, secure payments on mobile and desktop.

Stripe Link: Save time by using Stripe Link, which securely stores your payment details for faster checkout on future contributions.

Cash App Pay: Contribute using Cash App Pay for a seamless mobile payment experience.

For international backers, we also offer local payment methods:

Giropay, iDeal, SEPA, and Sofort: These options are available for European backers, allowing bank transfers directly from your local bank account.

JCB and Grabpay: Preferred options for contributors in Japan and Southeast Asia, ensuring a localized, hassle-free payment experience.

 

 

Understanding Your Charges:

 

Depending on the funding model, fees will be applied differently.

  • Fixed and Fixed-Plus Funding Models: Fees are only applied once your campaign goal is met.
  • Flexible Funding Model: Fees are applied regardless of the amount raised.

 

For more details on the percentage fee, please visit Fees & Pricing.

 

Step 2: Secure Payment Processing

 

  • Third-Party Providers: Payments are handled by trusted providers with encryption. Please see Stripe's Terms of Use for more information.
  • Your Data is Safe: We don’t store your financial data on our platform.

 

Step 3: Refund Policies

 

  • Refund Eligibility: Limited refunds may be available if the campaign is unsuccessful or fails to deliver according to the funding model you choose.
  • Chargebacks: Chargebacks differ from refunds. They are initiated by backers through their bank or credit card provider to reverse a transaction due to a dispute.

 

Visit Refund and Chargebacks for detailed information.

 

Linno Fund ensures a secure and easy payment process, giving you peace of mind when supporting campaigns.