Sponsor terms
Version 1.
Payment fees
KartDen takes a fee from each sponsorship. Card processing is also taken from the driver's side. Open View fees to see the rates.
View fees
| From | To | Margin |
|---|---|---|
| $1.00 | $99.99 | 9.00% |
| $100.00 | $249.99 | 7.50% |
| $250.00 | $499.99 | 6.50% |
| $500.00 | $999.99 | 5.50% |
| $1,000.00 | $2,499.99 | 4.25% |
| $2,500.00 | $9,999.99 | 3.25% |
| $10,000.00 | and up | 2.25% |
Samples
| Amount | Card, driver receives | Bank, driver receives |
|---|---|---|
| $1.00 | $0.58 | $0.90 |
| $3.00 | $2.34 | $2.71 |
| $5.00 | $4.10 | $4.51 |
| $10.00 | $8.51 | $9.02 |
| $25.00 | $21.72 | $22.55 |
| $100.00 | $89.30 | $91.70 |
| $250.00 | $226.20 | $231.75 |
| $1,000.00 | $928.20 | $952.50 |
| $2,500.00 | $2,345.95 | $2,413.75 |
| $10,000.00 | $9,484.70 | $9,770.00 |
| $75,000.00 | $71,137.20 | $73,307.50 |
Cash-out
Instant payouts are available anytime after the funds have cleared. Pay-per-view clears 10 days after the view. Forum post views clear 10 days after the view. Coaching voice-overs clear in 3 days. Sponsored money clears 14 days after it is sent. Commission on kart parts sold is held for 7 days, and a holdback percentage is kept for 90 days. Referred affiliates clear in 30 days. Commission on kart app installs clears in 7 days.
Cash-out minimum and unclaimed balances. (1) You can cash out your sponsorship balance, by standard payout or Instant payout, when it is at least the minimum cash-out amount, currently $5. Instant payout is a 4% fee and arrives within 15 minutes. Standard payout to a connected bank is a 2% fee and takes 1 to 2 days. We may change the minimum by notice; the current amount is always shown on your Money screen. (2) A balance below the minimum stays in your Stripe account until it reaches the minimum. (3) The one-year period starts on the latest of: the date the most recent sponsorship was credited to your balance, the date of your most recent cash-out, and the date your balance last fell from at or above the minimum to below it. It starts again each time one of these happens. (4) If your balance stays below the minimum for the whole one-year period, with no new sponsorship credited and no dispute or refund request open, the balance is forfeited on the last day of the period. You authorize KartDen to reverse the transfers that made up the balance, or to debit the balance, for that purpose. KartDen may keep the amount or handle it as the law requires. (5) A balance at or above the minimum, including exactly $5.00, is never forfeited. (6) We will send you a reminder email before a balance is forfeited. (7) If you have an open dispute or refund request, no balance is forfeited while it is open. (8) If you delete your KartDen account, the deletion section applies. (9) Where the law requires us to handle an unclaimed balance in a different way, we follow the law. (10) Stripe's own terms for inactive accounts also apply to your Stripe account, and Stripe may be required to treat a long-inactive balance as abandoned property.