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What are platform fees?

What Ripit’s platform fees cover, and where you see them before you confirm a transaction.

Overview

Platform fees cover the third-party costs of running Ripit, including payments, balance transfer processing, and identity verification. We show every applicable fee in the check out flow before you authorize a transaction.

Transactions with a platform fee

These transactions carry a platform fee, shown before you confirm:

  • Pack purchases: the platform fee is shown at checkout.

  • Withdrawals: the platform fee is shown before you confirm the withdrawal.

  • Shipping: the cost of shipping is disclosed at checkout

  • Account top-ups: Ripit may disclose a fee for Account Balance top-ups, if necessary based on processing requirements

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