slightly higher one for credit card transactions. I get the merchant rate.
They charge 2.2% + 0.30 for cash transactions, and 2.9% + 0.30 for credit card
transactions,
as an example a $10.00 would have a fee of $0.22+$0.30 or a total of $0.52 fee
for a cash transaction
A credit card use would be $0.29 + $0.30 for a total of $0.59 (transaction
amount of $10.00.
You can extrapolate from there. $10.55 would have a fee of $0.53
$1.35 would be $0.33
Currency of Payment Merchant Rate Standard Rate
U.S. Dollars 2.2%+ $0.30 USD 2.9%+ $0.30 USD
Canadian Dollars 2.7%+ $0.55 CAD 3.4%+ $0.55 CAD
Euros 2.7%+ €0.35 EUR 3.4%+ €0.35 EUR
Pounds Sterling 2.7%+ £0.20 GBP 3.4%+ £0.20 GBP
Yen 2.7%+ ¥40 JPY 3.4% + ¥40 JPY
If you receive a payment from a user in another country, an additional
cross border fee will be charged. The cross border fee is an additional 1% for
U.S. Dollar payments and 0.5% for Canadian Dollar, Euro, Pound Sterling, and Yen
payments. This cross border fee is currently waived for Canadian sellers
receiving payments from U.S. buyers.
eCheck payments have a maximum fee of $5.00 USD.
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----- Original Message -----
From: Ian Skinner
To: CF-Community
Sent: Thursday, January 29, 2004 12:22 PM
Subject: RE: Re:Lottery pool
Is it $1.25 per ticket? Or does the 25 cents cover the pay-pal surcharge no
matter the amount?
In other words If I where to buy ten tickets would it be $10.25 (not bad
really) or $12.50 (might have to think about this since I could mail a check for
36 cents and save $2.14).
--------------
Ian Skinner
Web Programmer
BloodSource
www.BloodSource.org
Sacramento, CA
-----Original Message-----
From: Doug White [mailto:[EMAIL PROTECTED]
Sent: Thursday, January 29, 2004 8:59 AM
To: CF-Community
Subject: Re: Re:Lottery pool
It can be done, but it would have to be $1.25 per ticket to cover the cost of
PayPal's fee for handling the transaction. This because the Ticket cost is
not
discountable.
Again there was no grand Prize winner for the Texas Lotto last night and the
Saturday drawing will be for more than $70 million.
Friday's Megamillions will also be in excess of $70 million.
----- Original Message -----
From: dana tierney
To: CF-Community
Sent: Thursday, January 29, 2004 9:38 AM
Subject: Re:Lottery pool
why would it not be legal to set it up by Paypal? Just curious... I can
always
play Powerball or go any one of a dozen casinos if so inclined.
Dana
> I wonder if it would be legal and allowed to set up a pay-pal type
> deal, so we don't have to trouble with mailing checks or what not?
>
>
> --------------
> Ian Skinner
> Web Programmer
> BloodSource
> www.BloodSource.org
> Sacramento, CA
>
> -----Original Message-----
> From: Matthew Smith [mailto:[EMAIL PROTECTED]
> Sent: Wednesday, January 28, 2004 1:50 PM
> To: CF-Community
> Subject: Re:Lottery pool
>
>
> I'm totally in on it.
>
> We do that with a group of my friends for Florida's already.
>
> Here's a thought:
>
> Perhaps post the amount each person contributed(with or without their
> name if they want).
>
> I'd be nice to know if you are getting 0.5% or 10% based upon what you
> throw in... I'd be more than willing to do up and host the page and
> db or whatever.
>
> We can no names or amounts per person, and each person can figure out
> what their share is by the total posted.
>
> We need to have a clearly defined cut off point for Doug to receive
> the funds in hand so no one cries foul after the fact. Any alarm
> bells go off, like someone whining just before, we call it off and
> either pull back the cash or leave it in for the next.
>
> Partial payouts (like 3/6 numbers, etc) go straight in to the next
> drawing with each person keeping their interest/percentage at the same
> amount. Continue till we win it all or don't hit anything....
>
> It CAN get messy but it's all about honor and a little planning and
> rules.
>
> Cheers,
>
> Matthew
>
> >oh hell, for a buck or two every now and then, I'm game.
> >
> >Cheers,
> >Erika
> >--------------------------------------------------
> _____
>
_____
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