Credit Card Processing Fee Offset
The concept that Upwork's 10% fee is effectively reduced to ~6.5% because Upwork absorbs the standard 3–3.5% credit card processing fees that freelancers would otherwise pay independently.
1 video
Core concept
Caleb Ulku
1 playable clip
Timeline
Upwork Fees: Are They Worth It?
Topic Player
Upwork Fees: Are They Worth It?
0:54
"You don't have to pay credit card processing fees when you're on Upwork platform... So that 10% is really a six and a..."
All Appearances (1 videos)
"You don't have to pay credit card processing fees when you're on Upwork platform... So that 10% is really a six and a half percent fee."