Amanda White
CFP, 5-Year Full-Time Freelancer
Platform Fee
In This Article
Definition
Percentage or amount taken by gig platforms from payments, typically 10-40% depending on the platform.
Related Terms
Ad Space Available
Ad Space Available
FAQs
How much do platforms take?
Varies: Rover 20%, Wag 40%, Upwork 5-20%.
Is this on top of my pay?
Usually deducted from customer payment.
Similar Terms
Base Pay
Minimum payment for a delivery or service before tips, set by the platform based on distance and other factors.
Service Fee
Additional fee charged by platforms to customers or workers for using the platform's services.
Bonus/Incentive
Extra payment offered by platforms for completing certain goals like number of rides, deliveries, or referrals.
Referral Bonus
Payment for recruiting new workers or customers to a gig platform.
How We Research & Review
Our team includes CPAs, former gig workers, and financial experts who personally test platforms and verify earnings claims. We follow strict editorial guidelines to ensure accuracy and objectivity.
Important Disclaimer: This content is for informational purposes only and should not be considered tax, legal, or financial advice. Consult a qualified professional (CPA, tax attorney, or financial advisor) for advice specific to your situation.