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Does Fiverr Take a Cut From Buyers?

Last updated on September 29, 2022 @ 1:21 am

Fiverr is an online marketplace where people can sell their services for $5.00. The site has been around since 2010 and has become a popular destination for people looking for quick and affordable services.

While Fiverr is mostly known as a place to find low-cost services, some people have begun to wonder if the site is also taking a cut from buyers. After all, Fiverr does charge a fee for every transaction, and it’s not clear where that money goes.

So, does Fiverr take a cut from buyers? The answer is complicated.

PRO TIP: If you are thinking of using Fiverr to buy goods or services, be aware that the company takes a cut from buyers. This means that the prices you see on Fiverr are not the same as what the seller actually receives. In some cases, this can add up to a significant difference.

On one hand, Fiverr does charge a transaction fee of $1.00 for every service purchased. This fee is automatically added to the buyer’s total when they checkout. So, in theory, Fiverr could be pocketing this money as profit.

On the other hand, it’s possible that the transaction fee goes towards covering the costs of running the site. Fiverr does have to pay credit card processing fees, for example, and these fees could be passed on to buyers through the transaction fee.

It’s also worth noting that Fiverr takes a 20% cut from sellers, so it’s possible that the company is simply trying to recoup that loss by charging buyers a small fee.

Ultimately, we can’t say for sure whether or not Fiverr takes a cut from buyers. However, we can say that the company does charge a transaction fee for every purchase made on the site.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.