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If there was an answer to this question, I don't think PayPal would be in business. At this point, PayPal is like Microsoft Office -- it's the de facto standar
by scottjackson 17y ago
If there was an answer to this question, I don't think PayPal would be in business.
At this point, PayPal is like Microsoft Office -- it's the de facto standard, no matter how crappy the product is. Sorry.
I know this is a really shitty answer to your question, but I think it's the truth.
If anyone else has an answer, I would love to hear it, and there is no irony or malice in that statement -- as a developer who uses PayPal for donations as payment for my software, I would love a way to get a bigger cut of the money.
- patio11 17y agoWould you prefer a bigger cut, or more dollars in your pocket? That isn't a very hard question for most people, but they act like it is. For example, assuming your average donation is somewhere in the region of $10, you're paying somewhere in the 6 ~ 8% region to Paypal. Yeah, annoying. But if you cut your costs of payment processing in half, that only increases your net income by something like 3.1%. There are much, muuuuuuch easier ways to get a 3.1% increase, particularly if (like most folks who accept donations) you have never attempted to optimize anything about your business. For example, most folks I know who accept donations are afraid of appearing commercially motivated so they create a discrete donation button and then place it down a rabbit hole in a mythical kingdom surrounded by lakes of fire and cloaked with Grumble's Greater Enchantment Of Decreasing Conversion. Instead, move it to above the fold on your page, increase the size of the button, and prominently (and without sounding ashamed of yourself) ask for the donation around places where you provide value to your users (which is when they are the most inclined to say yes, because they're feeling all warm and fuzzy about you).