How do payments work?

How do payments work?

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Once your fundraising campaign is successfully completed, contributors will be charged during the payment phase, which can last up to thirty days. You can follow the progress of this process in your La Hive account.

StepPayment
Deadline
Conditions
Payment phase
Campaign
[Amount collected] - [Service fee]
Up to 30 days after the end of the campaign
  1. Campaign objective achieved
  2. Service fee (La Hive, Stripe) are deducted from the amount paid
Payment 1
of the Fund
80% of the contribution
Up to 60 days after campaign payment phase
  1. Respect for theConditions during the campaign
Payment 2
of the Fund		20% of the contributionAfter the realization of the project
  1. AccountabilityDelivered and validated
  2. All amounts provided for in the budget are spent
  3. Offers submitted to contributors·trice·S

In order to protect the integrity of the platform and contributors, the selection committee may:
  1. Refuse final payment at any time on reasonable grounds or where theAccountabilityis missing or incomplete;
  2. Require the repatriation of sums already paid in the event of major non-compliance with the conditions.
NotesThink about it!
Payment 2 of the Fund (20%) is made only after the establishment of the project, the validation of all your expenses and the completion of theAccountability. It is therefore essential to allow this delay in your budget planning, since you will need to advance this amount before receiving the second payment.