Platform Service Fees
Platform Service Fees
There 2 types of fees for the taskm8 platform:
- 1. Mangopay platform payment Fees
- 2. Taskm8 platform fees
Mangopay fees consist of:
- 1. 1.4% + 20 pence per (Tasker) advert (see table below Fig 1)
- 2. 45 pence to transfer Monies from your (M8) wallet into your bank account ( per transaction)
Taskm8 Platform fees:
- 1. 10% of the net M8 Fee ( see the table below Fig 2)
If a Tasker removes/cancels the advert/task then the 1.4% + 20p will be deducted from the original price (see table below)
Fig 1. Mangopay Tasker Fees
| Tasker | Advert/ Tasker Price | Mangopay Charge | Pay In Charge | Mangopay Additional Charge | Charge Price to Tasker | Refund if cancelled |
|---|---|---|---|---|---|---|
| £5.00 | 1.4% | £0.07 | £0.20 | £0.27 | £4.73 | |
| £10.00 | 1.4% | £0.14 | £0.20 | £0.34 | £9.66 | |
| £15.00 | 1.4% | £0.21 | £0.20 | £0.41 | £14.59 | |
| £20.00 | 1.4% | £0.28 | £0.20 | £0.48 | £19.52 | |
| £25.00 | 1.4% | £0.35 | £0.20 | £0.55 | £24.45 | |
| £30.00 | 1.4% | £0.42 | £0.20 | £0.62 | £29.38 | |
| £35.00 | 1.4% | £0.49 | £0.20 | £0.69 | £34.31 | |
| £40.00 | 1.4% | £0.56 | £0.20 | £0.76 | £39.24 | |
| £45.00 | 1.4% | £0.63 | £0.20 | £0.83 | £44.17 | |
| £50.00 | 1.4% | £0.70 | £0.20 | £0.90 | £49.10 |
Fig 2. Taskm8 M8/Platform Fees
| M8 | Price Shown for the M8 | Paid to M8 | Taskm8 Fee 10% |
|---|---|---|---|
| £4.73 | £4.26 | £0.47 | |
| £9.66 | £8.69 | £0.97 | |
| £14.59 | £13.13 | £1.46 | |
| £19.52 | £17.57 | £1.95 | |
| £24.45 | £22.01 | £2.45 | |
| £29.38 | £26.44 | £2.94 | |
| £34.31 | £30.88 | £3.43 | |
| £39.24 | £35.32 | £3.92 | |
| £44.17 | £39.75 | £4.42 | |
| £49.10 | £44.19 | £4.91 |
| Tasker | Advert/ Tasker Price | Mangopay Charge | Pay In Charge | Mangopay Additional Charge | Charge Price to Tasker | Refund if cancelled | M8 | Price Shown for the M8 | Paid to M8 | Taskm8 Fee 10% |
|---|---|---|---|---|---|---|---|---|---|---|
| £5.00 | 1.4% | £0.07 | £0.20 | £0.27 | £4.73 | £4.73 | £4.26 | £0.47 | ||
| £10.00 | 1.4% | £0.14 | £0.20 | £0.34 | £9.66 | £9.66 | £8.69 | £0.97 | ||
| £15.00 | 1.4% | £0.21 | £0.20 | £0.41 | £14.59 | £14.59 | £13.13 | £1.46 | ||
| £20.00 | 1.4% | £0.28 | £0.20 | £0.48 | £19.52 | £19.52 | £17.57 | £1.95 | ||
| £25.00 | 1.4% | £0.35 | £0.20 | £0.55 | £24.45 | £24.45 | £22.01 | £2.45 | ||
| £30.00 | 1.4% | £0.42 | £0.20 | £0.62 | £29.38 | £29.38 | £26.44 | £2.94 | ||
| £35.00 | 1.4% | £0.49 | £0.20 | £0.69 | £34.31 | £34.31 | £30.88 | £3.43 | ||
| £40.00 | 1.4% | £0.56 | £0.20 | £0.76 | £39.24 | £39.24 | £35.32 | £3.92 | ||
| £45.00 | 1.4% | £0.63 | £0.20 | £0.83 | £44.17 | £44.17 | £39.75 | £4.42 | ||
| £50.00 | 1.4% | £0.70 | £0.20 | £0.90 | £49.10 | £49.10 | £44.19 | £4.91 |