I think it would be very cool if you could find a way to pay for the credit card fees for donors. It seems donors really love these “100% model” approaches where they pay for 0 overhead. And I think they may like the idea that $10 given is $10 donated.
Though I’m not sure there is really any logistical way for you to do so? If it all happens on their end?
@Pat Myron great idea! I imagine our offerings for donors will look quite different a year from now and I like the pay up front and make your donation go even further option. Thank you for helping me.
Hi Kyle, thank you for the great suggestion. I agree, the 100% messaging is very effective. It seems to be one of the biggest drivers behind Charity Water’s success. They have private funders paying for their overhead and cover the cost of credit card fees for donors. In a perfect world we’d do the same and we plan on applying for grants. If they figured out the logistics, I bet we could eventually too. Thanks again!
I think it would be very cool if you could find a way to pay for the credit card fees for donors. It seems donors really love these “100% model” approaches where they pay for 0 overhead. And I think they may like the idea that $10 given is $10 donated.
Though I’m not sure there is really any logistical way for you to do so? If it all happens on their end?
@mikefilbey switching from monthly to annually could save over half the Stripe processing fees
@Pat Myron great idea! I imagine our offerings for donors will look quite different a year from now and I like the pay up front and make your donation go even further option. Thank you for helping me.
@mikefilbey encouraging debit card use over credit card use can also decrease payment processing fees
Hi Kyle, thank you for the great suggestion. I agree, the 100% messaging is very effective. It seems to be one of the biggest drivers behind Charity Water’s success. They have private funders paying for their overhead and cover the cost of credit card fees for donors. In a perfect world we’d do the same and we plan on applying for grants. If they figured out the logistics, I bet we could eventually too. Thanks again!
Iirc PayPal giving pool eats the credit card fees
Hi Hauke, thank you! I will check that out.