Fees & Charges

We process payments with OodiPay, our secure Level 1 PCI DSS compliant payment and escrow service, and have regular security checks to ensure secure transactions between buyers and sellers. Learn more

Oodi putting money safely into an OodiPay vault

Buyer Transactions with OodiPay

Oodi is free for buyers to use! The only time Oodi will charge you is to cover the processing fee when paying via credit card.

Payment Methods

eCheck/Direct Debit
Using OodiPay's secure process, you can make payments from your bank account to sellers without ever having to leave the site. There are no fees associated with paying via your bank account.

Credit Card
Oodi supports Visa, Mastercard, and AMEX payments, which incurs a 2.9% + 30¢ processing fee for each transaction.

Bank

eCheck / Direct Debit

Free

Credit card

Credit Card

2.9% + 30¢

Seller Fees

We want our buyers and sellers to find the perfect match, so we’ve made Oodi free to use until that match is made. Oodi charges the seller a graduated fee based on the total budget of each job.

The fee is calculated in a similar way to your taxes, except Oodi reduces the fee as your budget increases.

FEE BRACKET
15% $0 to $5,000
13% $5,001 to $20,000
10% $20,001 to $75,000
8.5% $75,001 to $125,000
7% $125,000 and above

What do you mean "graduated"?

With a graduated fee structure, fees are applied in steps. The total cost of the service is split into the appropriate brackets and each bracket is only charged the corresponding fee percentage.

For example, if you have a $20k project, the first $5k is charged 15%, and the next $15k is only charged 13%.

The total fee is then split proportionally between each milestone offered in the service. Let's look at a few more examples.

Fee Calculator

Example 1

Let's say you offer a service for $5,000. You've split it up into 3 milestones.

Signing: $1,000
Milestone 1: $3,000
Milestone 2: $1,000

Since a $5,000 service falls within the 15% bracket, Oodi's fee is $750 split proportionally between the milestones.

That was an easy one. What if the cost of the service falls in one of the higher brackets?

MILESTONE PAYMENT OODI FEE PARTNER INCOME
Signing $1,000 $150 $850
Milestone 1 $3,000 $450 $2,550
Milestone 2 $1,000 $150 $850
TOTAL $5,000 $750 $4,250

Example 2

Now let's say you offer a service for $50,000. Since this falls in a higher bracket, we calculate the fee in multiple steps.

1. The first $5,000 is charged 15%.

$5,000 x 15% = $750

2. The next $15,000 is charged 13%.

$15,000 x 13% = $1,950

3. The remainder is charged 10%

$30,000 x 10% = $3,000

4. Add that all up and you get your fee!

$750 + $1,950 + $3,000 = $5,700

Whew! Good thing there's a calculator, right? Whenever you configure a service, Oodi will always show you the fee as you go so there are no surprises.

BRACKET FEE BRACKET MAX
$0 - $5,000 15% $750
$5,001 - $20,000 13% $1,950
$20,001 - $75,000 10% $5,500
$75,001 - $125,000 8.5% $4,250
$125,000+ 7% --

Fees F.A.Q.