PayPal and Donations

[BeeAmaker]

Just wanted to let everyone know that we now have a PayPal account for The MakerHive.
You will notice a DONATE button in the menu bar. Use this button to make donations, pay for Memberships or for special services such as the upcoming Basic Electronics class.

Donating will also gain and maintain your "Maker" status and allow access to the "Maker Members Only" section of these forums. All financials will be accessible in this section.

Lets plan to discuss Memberships more in depth at the Dec 26th Meeting.

The email address for The MakerHive is [e-mail]

[ZionPhil]

Ouch Paypal? Are they taking a percentage on the donations?

[BeeAmaker]

Dec 22, 2013 17:48:57 GMT -5 ZionPhil said:

Ouch Paypal? Are they taking a percentage on the donations?

Not if you pay with your own PayPal account, via Credit Card I think so but people have been asking for it.

[ZionPhil]

Check the Limit on that also. I think you can only accept so much per month from other Paypal people then they start charging.

[BeeAmaker]

Dec 23, 2013 1:35:40 GMT -5 ZionPhil said:

Check the Limit on that also. I think you can only accept so much per month from other Paypal people then they start charging.

PayPal Transaction fees.
Transferring money
Usually Free - Sending money to friends and family is free for you and the recipient when you fund the transfer with your bank account or PayPal balance. You can also use a debit or credit card or make an international transfer for a small fee.


PayPal balance or bank account:
Free when sending money inside the US.

Debit/Credit card fee:
2.9% of total amount sent plus $0.30 per transaction (the sender decides who pays this fee). EDIT: Hopefully when donating - the sender will pay the fee.

Outside the US: (because we have soooo many members outsidethe US, LOL)
Small fee of 0.5% to 2% (depends on destination) when fully funded with bank account or PayPal balance. 3.4% to 3.9% if paying with a credit or debit card.

This is more of a convince thing for members, but your right that it can be a bit of waste of money.