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Re: Appreciation / Financial support


From: David Kastrup
Subject: Re: Appreciation / Financial support
Date: Mon, 18 Jun 2012 11:14:25 +0200
User-agent: Gnus/5.13 (Gnus v5.13) Emacs/24.1.50 (gnu/linux)

Joseph Rushton Wakeling <address@hidden> writes:

> On 17/06/12 23:12, Janek Warchoł wrote:
>> On Sun, Jun 17, 2012 at 11:28 PM, Tim McNamara<address@hidden>  wrote:
>>>  From experience, PayPal is very easy to use to send money to
>>> someone in Europe.
>>>   The currency exchange is automatic, although I don't know what
>>> the recipient fees are.
>>
>> According to their website it's between 0 and 4% +0,3$ depending on
>> payment method and country.
>> https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=marketing_us/fees
>
> They also have a micropayments rate which might work out better
> depending on typical donation size:
> https://micropayments.paypal-labs.com/

Do the math.  The break-even point for 5%+$0.05 as opposed to 2.9%+$0.30
is when 2.1% amount to $0.25, namely $11.90.  The fee for $20 will
already be $1.05 rather than $0.88, for $50 it will be $2.55 rather than
$1.75.  With the current contribution structure, a change would not
really be prudent.  That makes more sense if you have a large number of
casual small contributors.

-- 
David Kastrup




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