$2 to $3 to a credit card company to donate $1? Ouch!
I don't see this cash advance charge from Paypal, but I've linked Paypal to a bank account, so the credit card is not in the picture.
You actually can set up a Paypal account that charges a straight percentage; for amounts up to--drat, I can't remember, I figured out the cut-off point months ago--it's cheaper to use the micropayment formula, above that you pay more to Paypal using the micropayment form. However, you can choose only one of these types of payment per account. (Per bank account? Per user? I'm not sure, I don't get enough tiny contributions for it to be worth my while to figure that out.)
I wouldn't say that I love paypal; however, I am not aware it has any competitors. And it's much safer and easier for me than giving out my home address; I don't have to worry about bounce fees for checks or ask my fans to go out and buy bank money orders or postal money orders. And I don't like the risk of someone sending cash in the mail, and don't do enough business to support the costs of taking credit card payments directly.
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Date: 2010-07-16 06:25 pm (UTC)I don't see this cash advance charge from Paypal, but I've linked Paypal to a bank account, so the credit card is not in the picture.
You actually can set up a Paypal account that charges a straight percentage; for amounts up to--drat, I can't remember, I figured out the cut-off point months ago--it's cheaper to use the micropayment formula, above that you pay more to Paypal using the micropayment form. However, you can choose only one of these types of payment per account. (Per bank account? Per user? I'm not sure, I don't get enough tiny contributions for it to be worth my while to figure that out.)
I wouldn't say that I love paypal; however, I am not aware it has any competitors. And it's much safer and easier for me than giving out my home address; I don't have to worry about bounce fees for checks or ask my fans to go out and buy bank money orders or postal money orders. And I don't like the risk of someone sending cash in the mail, and don't do enough business to support the costs of taking credit card payments directly.
Oops--lunch is over! got to go!