Showing posts with label Paypal sucks. Show all posts
Showing posts with label Paypal sucks. Show all posts

Thursday, January 8, 2009

Just Found: Paypal Donate Button Takes Out Fees!

I was absolutely BLOWN away by this. Just to make this short and sweet (well, I guess not so sweet), Paypal takes a third of your donations.

So, someone who donated $.01 (one penny) will have a Paypal fee, which I believe it to be one third of the total donation (1/3 or 33.333...%).

I am not a mathematician, but .01-.01=0

Hmm... I'm kind of speechless.

I was chatting with someone, and it got me to think of this equivalent situation. Imagine someone on the street asking for a dollar, and you give them that dollar... but then you see some business man walk up next to him and take a third of that (I picture seeing the business man ripping a third of that dollar off) dollar donation.

I know I am not here to make money from the experiment, but I am not here to make money for Paypal either!

Doen't seem right, huh?

Well, what I NEED NOW are people's suggestions as to alternative methods for making donations!

Thanks!
Jeff