JustGotLoud collects payment processor fees from all transactions processed on your account. Here's how it works for sales that include digital merchandise:
For transactions greater than or equal to $8.07, the transaction fee is 1.9% + $0.30 when your fan uses PayPal, 2.9% + $0.30 when paying with a gift card, and 2.2% + $0.30 when your fan uses a credit card. For smaller transactions (under $8.07) we minimize the fee by automatically switching to the payment processor’s alternate rate of 5% + $0.05. When we send you a bulk payout, PayPal’s fee is 1% of the total payout amount. Fees may vary depending on geographic location or payment method.
If you sell a single song for $1.00 to a fan, the following fees will be taken out:
($.09) our fee of 10% net
From that $1.00 sale, you will get $.81, the highest payout on the net for digital sales.