people who donate worry far too much about transaction and overhead costs
There’s balance where it’s also possible to worry too little about transaction costs. 2.9% + 30¢ are common transaction processing costs for American credit cards. Encouraging debit card usage and less frequently billed subscriptions eliminate most transaction costs while avoiding the friction of switching from card processing to back account withdrawals.
Annual credit card billing saves over $15/yr over weekly credit card billing
Debit card billing saves on the fixed fee, percentage, and chargeback costs
There’s balance where it’s also possible to worry too little about transaction costs. 2.9% + 30¢ are common transaction processing costs for American credit cards. Encouraging debit card usage and less frequently billed subscriptions eliminate most transaction costs while avoiding the friction of switching from card processing to back account withdrawals.
Annual credit card billing saves over $15/yr over weekly credit card billing
Debit card billing saves on the fixed fee, percentage, and chargeback costs