Payments & Fees Policy
Last updated: May 11, 2026
How Akangbou handles card processing, platform fees, payouts, taxes, and disputes across events, quotes, and marketplace campaigns.
Supported Payment Methods
- Stripe powers all card payments (Visa, Mastercard, Amex, Discover).
- ACH debit is available for enterprise event organizers—contact billing@akangbou.com to enable it.
- We do not accept checks or crypto assets at this time.
Platform Fees
Events & Reservations
- 5% platform fee + Stripe processing fee (2.9% + $0.30) charged only when reservations are captured.
- Free events incur no fees.
Marketplace Campaigns
- Marketplace campaigns are created and managed by Akangbou admins. Platform retains 100% of revenue from successful campaigns.
- Users can pledge/pre-purchase during campaigns. Payments are authorized (held) until the campaign goal is reached.
- If the campaign succeeds, payments are captured. If it fails, authorizations are canceled with no charges.
Influencer Program
- $2.00 commission per qualifying referral seat plus platform revenue share outlined in the influencer agreement.
- Commissions accrue monthly and are paid out once the balance exceeds $50.
Payouts to Organizers & Creators
- Funds flow through Stripe Connect. You must complete KYC and link a bank account to withdraw.
- Event payouts are initiated 3 business days after successful capture unless attendees report issues.
- Marketplace payouts require shipment confirmation or proof of delivery milestones.
Taxes & Reporting
- Organizers are responsible for collecting and remitting applicable sales or ticket taxes.
- 1099-K forms are issued by Stripe when thresholds are met. Akangbou does not send duplicate forms.
- Influencers and contractors receive 1099-NEC statements for commissions or service payments.
Chargebacks & Disputes
Stripe notifies us whenever a supporter disputes a charge. We share evidence provided by organizers or creators (shipping labels, attendance logs, signed contracts) to resolve the dispute. Multiple upheld disputes may result in higher reserves or removal from the platform.