Main.EvilOfPaypal History

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May 08, 2013, at 10:50 AM by geoff - Moved To Treasury
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(:redirect Treasury.EvilOfPaypal:)

May 08, 2013, at 10:06 AM by geoff - moved to Treasury
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Initial Research The business actions of PayPal as a de facto monopoly on electronic payment processing has caused a kerfluffle in the DIY community. Alternatives exist:

PayPal -- CURRENT SOLUTION
Subscriptions: YES
Fees: 2.9% + $.30 (2.2% + $.30 if 501(c)(3))
Reocurring payments w/o Account $239.88/yr

Amazon Payments
Subscriptions: YES
Fees: 2.9% + $.30

Google Checkout
Subscriptions YES (experimental)
Fees: 2.9% + $.30

Dowalla
Subscriptions: YES (Client-Side)
Fees: $.25 (No CC)

Square
Subscriptions: NO (In Person only)
Fees: 2.75%

WePay
Subscriptions: YES (Scheduled Recurring Invoice)
Processor Fees: 2.9%+.30 (1%+.30 for ACH)
Storefront/Ticketing: 4.9%+.30 (3%+.30 for ACH)
(The fees used to be a flat 3% for everything they've rearranged; no swipe on CC transactions and can be done on smartphones/tablets/website) -- Used by Hive76 (Philadelphia)

GoPayments
Subscriptions: NO (In Person only)
Fees: 2.7%
Reading the ToS this appears to be a Square-like addon for customers of Intuit's Payment service (a monthly-fee service which charges at best 1.9%+$.30 per transaction and $13/mo). Subscriptions are available for Payment services accounts, not with GoPayments.

WildApricot
Subscriptions: Sometimes
Fees: $25-50/mo + Processor Fees
Does not perform credit-card transactions themselves, but farm that out to our favourite payment processor (Paypal/Google). Provides membership management software (500 max + subscriptions at $50 level), Event Ticketing, Donations -- used by Jigsaw Renaissance (Seattle)

Further Research
Due to a 'no surcharge' policy with PayPal, we would not be able to continue using PayPal and charge a different rate for our memberships for the pleasure of using their service.

Based on the current fee structures, to be able to recoup the 'full amount' of our membership value through payments other than cash or check, we would need to raise our rates across the board to one of the following rates to have the deposit match what we want to see after fees.

The unfortunate news is that Amazon is now charging the same fees as PayPal, even if there is a valid 501(c)3 on file, and the reocurring buttons still require 'programming'.

$36.35 via PayPal/Amazon
$35.99 via Square

WePay
After discovering WePay through Hive76, I looked into it and they don't have a way to do subscriptions, but they do have 'invoices' which can be shared amongst a number of people (say, the membership list) which can be sent out on a monthly basis (manually by the membership officer) and we can ask for money on the first, and be paid in as people pay up. The flat 3.5% charge on $35 works out to $1.23. ** With their new TOS changes, they charge the same as PayPal for invoice transactions, but their storefront fees have doubled. However, using WePay, the bank account transfer is for folks without a credit card (it does an ACH transfer from the customer's bank and posts it to our account; withdrawing money is free)

February 28, 2013, at 04:18 PM by 12.155.10.50 -
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Subscriptions: NO
Fees: 3.5% ($.50 min)
(Also does storefront, donations, and ticketing) -- Used by Hive76 (Philadelphia)

to:

Subscriptions: YES (Scheduled Recurring Invoice)
Processor Fees: 2.9%+.30 (1%+.30 for ACH)
Storefront/Ticketing: 4.9%+.30 (3%+.30 for ACH)
(The fees used to be a flat 3% for everything they've rearranged; no swipe on CC transactions and can be done on smartphones/tablets/website) -- Used by Hive76 (Philadelphia)

Changed lines 53-54 from:

WePay After discovering WePay through Hive76, I looked into it and they don't have a way to do subscriptions, but they do have 'invoices' which can be shared amongst a number of people (say, the membership list) which can be sent out on a monthly basis (manually by the membership officer) and we can ask for money on the first, and be paid in as people pay up. The flat 3.5% charge on $35 works out to $1.23. They may also charge 50c per bank transfer, however.

to:

WePay
After discovering WePay through Hive76, I looked into it and they don't have a way to do subscriptions, but they do have 'invoices' which can be shared amongst a number of people (say, the membership list) which can be sent out on a monthly basis (manually by the membership officer) and we can ask for money on the first, and be paid in as people pay up. The flat 3.5% charge on $35 works out to $1.23. ** With their new TOS changes, they charge the same as PayPal for invoice transactions, but their storefront fees have doubled. However, using WePay, the bank account transfer is for folks without a credit card (it does an ACH transfer from the customer's bank and posts it to our account; withdrawing money is free)

October 30, 2012, at 01:26 PM by GN -
Changed lines 6-7 from:

Fees: 2.9% + $.30 (2.2% + $.30 if 501(c)(3))

to:

Fees: 2.9% + $.30 (2.2% + $.30 if 501(c)(3))
Reocurring payments w/o Account $239.88/yr

August 27, 2012, at 02:52 PM by 12.155.10.50 -
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(Also does storefront, donations, and ticketing)

to:

(Also does storefront, donations, and ticketing) -- Used by Hive76 (Philadelphia)

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WildApricot
Subscriptions: Sometimes
Fees: $25-50/mo + Processor Fees
Does not perform credit-card transactions themselves, but farm that out to our favourite payment processor (Paypal/Google). Provides membership management software (500 max + subscriptions at $50 level), Event Ticketing, Donations -- used by Jigsaw Renaissance (Seattle)

August 24, 2012, at 11:51 AM by 12.155.10.50 -
Added lines 29-33:

GoPayments
Subscriptions: NO (In Person only)
Fees: 2.7%
Reading the ToS this appears to be a Square-like addon for customers of Intuit's Payment service (a monthly-fee service which charges at best 1.9%+$.30 per transaction and $13/mo). Subscriptions are available for Payment services accounts, not with GoPayments.

Changed line 45 from:

After discovering WePay through Hive76, I looked into it and they don't have a way to do subscriptions, but they do have 'invoices' which can be shared amongst a number of people (say, the membership list) which can be sent out on a monthly basis (manually by the membership officer) and we can ask for money on the first, and be reimbursed as people pay up. The flat 3.5% charge on $35 works out to $1.23. They may also charge 50c per bank transfer.

to:

After discovering WePay through Hive76, I looked into it and they don't have a way to do subscriptions, but they do have 'invoices' which can be shared amongst a number of people (say, the membership list) which can be sent out on a monthly basis (manually by the membership officer) and we can ask for money on the first, and be paid in as people pay up. The flat 3.5% charge on $35 works out to $1.23. They may also charge 50c per bank transfer, however.

August 10, 2012, at 05:43 PM by 12.155.10.50 -
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WePay
Subscriptions: NO
Fees: 3.5% ($.50 min)
(Also does storefront, donations, and ticketing)

Changed lines 37-40 from:

$35.99 via Square

to:

$35.99 via Square

WePay After discovering WePay through Hive76, I looked into it and they don't have a way to do subscriptions, but they do have 'invoices' which can be shared amongst a number of people (say, the membership list) which can be sent out on a monthly basis (manually by the membership officer) and we can ask for money on the first, and be reimbursed as people pay up. The flat 3.5% charge on $35 works out to $1.23. They may also charge 50c per bank transfer.

August 02, 2012, at 02:58 PM by 12.155.10.50 -
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Fees: 2.9% + $.30 (None if 501(c)(3))

Google Checkout
Subscriptions YES (experimental)\\

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Google Checkout
Subscriptions YES (experimental)
Fees: 2.9% + $.30

Changed line 30 from:

The news that Amazon Payments is now offering subscriptions without programming is heartening, as we have a 501(c)3 and they do not charge fees for non-profits.

to:

The unfortunate news is that Amazon is now charging the same fees as PayPal, even if there is a valid 501(c)3 on file, and the reocurring buttons still require 'programming'.

August 02, 2012, at 02:21 PM by 12.155.10.50 -
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+Initial Research+

to:

Initial Research

Changed line 25 from:

+Further Research+

to:

Further Research\\

Changed lines 28-30 from:

Based on the current fee structures, to be able to recoup the 'full amount' of our membership value through payments other than cash or check, we would need to raise our rates across the board to one of the following rates to have the deposit

$36.35 via PayPal/Amazon

to:

Based on the current fee structures, to be able to recoup the 'full amount' of our membership value through payments other than cash or check, we would need to raise our rates across the board to one of the following rates to have the deposit match what we want to see after fees.

The news that Amazon Payments is now offering subscriptions without programming is heartening, as we have a 501(c)3 and they do not charge fees for non-profits.

$36.35 via PayPal/Amazon\\

August 02, 2012, at 02:16 PM by 12.155.10.50 -
Added line 1:

+Initial Research+

Changed lines 23-31 from:

Fees: 2.75%

to:

Fees: 2.75%

+Further Research+ Due to a 'no surcharge' policy with PayPal, we would not be able to continue using PayPal and charge a different rate for our memberships for the pleasure of using their service.

Based on the current fee structures, to be able to recoup the 'full amount' of our membership value through payments other than cash or check, we would need to raise our rates across the board to one of the following rates to have the deposit

$36.35 via PayPal/Amazon $35.99 via Square

January 03, 2012, at 10:00 AM by 12.155.10.50 -
Changed line 5 from:

Fees: 2.9% + $.30 (2.2% + $.30 for 501(c)(3))

to:

Fees: 2.9% + $.30 (2.2% + $.30 if 501(c)(3))

January 03, 2012, at 10:00 AM by 12.155.10.50 -
Changed line 5 from:

Fees: 2.9% + $.30

to:

Fees: 2.9% + $.30 (2.2% + $.30 for 501(c)(3))

January 03, 2012, at 09:58 AM by 12.155.10.50 -
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PayPal -- CURRENT SOLUTION
Subscriptions: YES
Fees: 2.9% + $.30

December 11, 2011, at 05:08 PM by demonsthenesmeme-complexcom -
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Fees: None (501(c)(3) required)

to:

Fees: 2.9% + $.30 (None if 501(c)(3))

December 11, 2011, at 05:02 PM by demonsthenesmeme-complexcom -
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Subscriptions: NO\\

to:

Subscriptions: NO (In Person only)\\

December 11, 2011, at 05:01 PM by demonsthenesmeme-complexcom -
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The business actions of PayPal as a de facto monopoly on electronic payment processing has caused a kerfluffle in the DIY community. Alternatives exist:

to:

The business actions of PayPal as a de facto monopoly on electronic payment processing has caused a kerfluffle in the DIY community. Alternatives exist:

Changed lines 5-6 from:

Fees: None (501(c)(3) required)

to:

Fees: None (501(c)(3) required)

Changed lines 9-10 from:

Fees: 2.9% + $.30

to:

Fees: 2.9% + $.30

Changed lines 13-14 from:

Fees: $.25 (No CC)

to:

Fees: $.25 (No CC)

Changed line 17 from:

Fees: 2.75%\\

to:

Fees: 2.75%

December 11, 2011, at 05:00 PM by demonsthenesmeme-complexcom -
Changed line 1 from:

The business actions of PayPal as a de facto monopoly on electronic payment processing has caused a kerfluffle in the DIY community. Alternatives exist:

to:

The business actions of PayPal as a de facto monopoly on electronic payment processing has caused a kerfluffle in the DIY community. Alternatives exist:

December 11, 2011, at 04:57 PM by demonsthenesmeme-complexcom -
Changed lines 3-17 from:

;Amazon Payments:

Subscriptions
YES
Fees
None (501(c)(3) required)

;Google Checkout: :Subscriptions YES (experimental)

Fees
2.9% + $.30

;Dowalla:

Subscriptions
YES (Client-Side)
Fees
$.25 (No CC)

;Square:

Subscriptions
NO
Fees
2.75%
to:

Amazon Payments
Subscriptions: YES
Fees: None (501(c)(3) required)
Google Checkout
Subscriptions YES (experimental)
Fees: 2.9% + $.30
Dowalla
Subscriptions: YES (Client-Side)
Fees: $.25 (No CC)
Square
Subscriptions: NO
Fees: 2.75%\\

December 11, 2011, at 04:53 PM by demonsthenesmeme-complexcom -
Changed lines 3-27 from:

Amazon Payments:

Subscriptions: YES

Fees: None (501(c)(3) required)

Google Checkout:

Subscriptions YES (experimental)

Fees: 2.9% + $.30

Dowalla:

Subscriptions: YES (Client-Side)

Fees: $.25 (No CC)

Square:

Subscriptions: NO

Fees: 2.75%

to:

;Amazon Payments:

Subscriptions
YES
Fees
None (501(c)(3) required)

;Google Checkout: :Subscriptions YES (experimental)

Fees
2.9% + $.30

;Dowalla:

Subscriptions
YES (Client-Side)
Fees
$.25 (No CC)

;Square:

Subscriptions
NO
Fees
2.75%
December 11, 2011, at 04:51 PM by demonsthenesmeme-complexcom -
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December 11, 2011, at 04:49 PM by demonsthenesmeme-complexcom -
Added lines 1-17:

The business actions of PayPal as a de facto monopoly on electronic payment processing has caused a kerfluffle in the DIY community. Alternatives exist:

Amazon Payments: Subscriptions: YES Fees: None (501(c)(3) required)

Google Checkout: Subscriptions YES (experimental) Fees: 2.9% + $.30

Dowalla: Subscriptions: YES (Client-Side) Fees: $.25 (No CC)

Square: Subscriptions: NO Fees: 2.75%