1. Client Booking Fees
Loconomics currently charges Clients a first-time scheduling fee of 10% of the cost of scheduled services up to a maximum of $10.00 the first time they schedule with each new Service Professional. There is no scheduling fees for subsequent bookings with the same Service Professional.
2. Owner User Fees
Loconomics currently charges Service Professionals monthly or annual user fees to cover the costs of using the platform and running the cooperative. For Service Professionals that become Owners, this fee is their Owner User Fee described in the Cooperative Bylaws.
3. Payment Processing Fees
Loconomics currently charges Service Professionals a fee of $0.30 plus 2.9% of the Payment Amount less any Loconomics fees when a Client books using their credit card. This fee is to cover the costs of payment processing fees charged by our Payment Service Provider.
4. Background Check Fees
Loconomics' Background Researcher charges Service Professionals directly for Background Checks and License Verification. Currently, a Required Background Check for Service Professionals providing Sensitive Services range between $36.05 and $57.67 depending on the number of counties lived in seven years prior to the application date. Required License Verification is $10.75 per license. A Discretionary Background Check for Service Professionals not Providing Sensitive Services is $42.70. Please refer to the Background Check and License Verification Policy for more information.