Need clarity about charges for a premier account*
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My understanding is that if I want to put a donate button on my spiritual website and actually be able to retrieve the donations for my church, I have to create a "Premier Account" or a "Business Account."
What I need to understand is how much of a fee is Paypal going to take out of a 15 dollar donation?
Here is what the directions under fees say :
1.9% to 2.9% + $0.30 USD† and when it comes to debit cards it is 3.9% + 0.30USD+
Please help me understand this? Would this mean that Paypal would take 63 cents of the Church donation if it was made by credit card through the Paypal donation button?
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Ariel360,
I'll assume you're in the US for the calculations below, and are receiving payments via a Donations button.
The standard receiving fee in the US is 2.9% plus thirty cents. If your donator/purchaser is outside of the US, add an additional 1%.
Doing a quick calculation *makes entertaining computer noises*, that should be about 64 cents.
If your donator was outside the US, this would increase to *makes more entertaining computer noises* 89 cents.
Hope this helps,
Adrian
Did my post solve the issue? If so, please accept it as a solution!
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