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
Showing posts with label Paypal sucks. Show all posts
Showing posts with label Paypal sucks. Show all posts
Thursday, January 8, 2009
Subscribe to:
Posts (Atom)