Nope. It's 2.9% of the amount, plus $0.30 per transfer.
juliana, if the fees are getting to be a real problem, you might want to set up a regular account with a different e-mail address. Normally, there are no fees for receiving money, but you have a premium account, the major benefit of which is the ability to receive credit card transactions. The downside is a fee is charged for all transactions, regardless.
Otherwise, if people contributing want to take the fee into account, the equation is thus:
(V + 0.30)/0.971 = The amount you send so that juliana ends up with V
Yep - P-C nails it. That's why I always throw a few extra bucks into any paypal transaction I send out, to make sure that fee is covered.
Yeah, last year we lost a little bit of money to the convenience of being able to do things through PayPal.
Nah - it's not a problem. I'll make up the fees - it is nice to be able to do everything through the intarweb. I'll look at setting up a different account tomorrow - gotta run now.
With a little over 40 votes in, I can safely say that we all like food.
Here is a thought I had, though. Each of those platters is 100 pieces. If we order 8 trays (to make our $1000 target), that's 800 pieces of food. If there are 50 people at Prom who eat, that's 16 pieces per person, which is a LOT for a cocktail party.
I wonder if we wouldn't be better served ordering a little less food, and insted putting the money towards an open bar for a few hours?
[eta: Or we could just order all the really expensive food....]
In NO we ordered a bunch of food and it didn't really get eaten. It was all very good, but there is a tendency for people to go out to dinner before the party or to have a late lunch. I'm in favor of the open bar for a few hours.
That makes a lot of sense. What do you guys think you're trying to do here? Make us all look intelligent, or something?
I like the open bar option, as well. That's really a lot of food, even for a crowd that's promising to be a good size.
I'll even make 'em stock something uber-dry and bubbly for me, since that's the only alcohol I drink. Heh.
but there is a tendency for people to go out to dinner before the party or to have a late lunch
Yep, that's what I was thinking. I think food is a great idea (because who doesn't love finger food, plus there will definitely be attendees who can't afford to eat out all weekend), but if it's a choice between an open bar and tons of leftovers, I think the bar would be a better use of our funds.