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Team Discovery Project Hope > TD Project Hope Donations as of 5/18/03
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Full Version: TD Project Hope Donations as of 5/18/03
Team Discovery Project Hope > General Chat > Project Discussion
simplykristi
Hi All,
Here's what I have as of this evening (5/18/03).

PayPal Account

$675.00 (Sent to to Me via PayPal)

- $26.97 (PayPal fees and I will make a donation to cover any fees)

$648.03 (Actual total in PayPal Account)

Transactions Pending (PayPal)

$10.00

Check or Money Orders Received

$40.00

Total Donations Received as of 5/18/03

$688.03

(Does not include the $10.00 pending transaction - That will go on next week's report)

Nice work everyone!

If you have any questions, please feel free to IM me!

Thank you for your support!!!

Kristi
Treasurer for Project Hope
removed
VERY nice! I hope we can keep the donations going for a while and then start putting some stuff together.

Thumbs up to all contributions.
Scott
awesome!
whats the paypal fee??
simplykristi
Whenever anyone sends me money, fees are taken out so I will just cover thiose fees as a donation to TDPH. :-)

Kristi
Scott
o. I thought paypal was free?
lilhurricane
Ain't nuthin' that's free...

(madam spellchecker is AFK biggrin.gif )
removed
QUOTE
o.  I thought paypal was free?


Free? HA! laugh.gif
bbacher
What kind of fees are we talking about here (amount)?

I am not opposed to paying for the fee out of the PH fund, rather than Kristi having to donate for it.
removed
It just gets taken out of the donations. There's nothing you really have to send out to PayPal. It's like sales tax.
jlhugh
didn't ebay aquire paypal? i don't ever remember any fees that i had to pay when i used paypal.

come to think of it i don't think i ever got money thru paypal just sent money.
ColdinCbus
It is a processing fee. The same fee that would be charged for processing a Credit Card on a merchant account. That is a cost that Kristi should not need to compensate the team for.

I believe paypals transaction fee is based on the percentage of monies exchanged plus a minor fee depending on the accounts balance.

Which makes paypal incredibly cost effective for our purpose. The cost of establishing and maintaining a Merchant Account to processes credit card transactions is massive if you are not taking in large sums of credit transfers on a regular basis.
JMartin
QUOTE
didn't ebay aquire paypal?

They sure did, wholly owned sub. On my PayPal MasterCard it say right across the top, "An eBay Company" Now eBay can nick you coming and going wink.gif
simplykristi
Hi All,
I upgraded my PayPal account to Premium before I started accepting donatons to my account so that I could accept credit card payemnts. That's why PayPal takes out fees.. If I had left it as a personal account then I wouldn't have been able to accept credit card payments but the transactions would have been free. I will cover the cost of the fees which are noted as of 5/18/03. If anyone has any questions feel free to ask. BTW, I never see where your donations are taken from.. All's I see what has been transferred to me.

Kristi
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