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Small volume CC processing is 2.9% + 30¢. For $1 that's 33¢. Another 10-15¢ in overhead with accounting, sending tax-deductible receipts, etc. Little things add
by nathancahill 8y ago
Small volume CC processing is 2.9% + 30¢. For $1 that's 33¢. Another 10-15¢ in overhead with accounting, sending tax-deductible receipts, etc. Little things add up.
In the above example:
12 donations of $1/month: organization sees about $6.50.
1 donation of $12/year: organization sees about $11.20.