"How much does it cost? Per transaction, contributors will be charged 3.5% on whatever they chip in for a Credit Card Processing Fee. GroupMe charges a .99 conv

"How much does it cost? Per transaction, contributors will be charged 3.5% on whatever they chip in for a Credit Card Processing Fee. GroupMe charges a .99 convenience fee." They also state that they are using Balanced Payments to process the payments, which charges 2.9% + 30c per payout (and additional 25c per deposit). I'm skeptical that users would even be willing to pay this rate...