My business handles a lot of small donations, often a single person will donate multiple times in one day, all small dollar amounts. The fees can get pretty high:
($1 * .029) + .30 = $0.33 fee
($1 * .029) + .30 = $0.33 fee
($2 * .029) + .30 = $0.36 fee
($5 * .029) + .30 = $0.45 fee
($5 * .029) + .30 = $0.45 fee
Total fee for these five transactions (totaling $14) would be $1.92. If I could combine these into a single transaction like so:
($14 * .029) + .30 = $0.71 fee
The fee would only be $0.71! Saving me $1.21 on these five transactions. It's a substantial savings, worth investing development time into integrating this if it's possible. So is it?
submitted by /u/neocamel
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