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We'll ask you, the original tipster, to cough up the tips, then we reduce all tips you made by just enough to cover whatever transaction fee is involved with yo
by rzwitserloot 19y ago
We'll ask you, the original tipster, to cough up the tips, then we reduce all tips you made by just enough to cover whatever transaction fee is involved with your preferred method of payment. At least - that's the current plan.
In other words, the transaction cost is split according to 'share' by all the tipjars you are paying into. In practice this translates to worst case scenario 10%, usually far less.
Eat your own dogfood is the motto. We don't intend to charge for bandwidth, site development, server hosting, or any of the other costs normal sites have to contend with. We draw the line at paying transaction fees out of our own pockets, that's all.
- ralph 19y agoThanks for the explanation. We draw the line at paying transaction fees out of our own pockets, that's all. Oh, quite right. I wasn't expecting you to, that's why I wondered how these costs got covered. I like the idea of the tip recipients having the option to tip you in turn for collecting the tips; very neat. I may not be the only one to read the web site and wonder how transaction costs are covered though so perhaps a little more detail somewhere for us pedants would be good.