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Sponsorships #question


 

I have just added the Sponsorship feature to one of my groups. I have read the HELP section about this feature and I see that 100% of the sponsorship amount gets applied to my group's upkeep. I am wondering how Paypal treats the sponsorship amount if a member chooses to use Paypal. Is it treated like a purchase, with a fee charged to the receiver (IO Groups), or does Paypal take a cut if the sponsoring member uses their credit card linked to Paypal to pay? I'd like to be able to inform my members how that works if they use Paypal.
Annick Phillips


 

On Mon, Nov 11, 2024 at 04:07 PM, Annick Phillips wrote:
I am wondering how Paypal treats the sponsorship amount if a member chooses to use Paypal. Is it treated like a purchase, with a fee charged to the receiver (IO Groups), or does Paypal take a cut if the sponsoring member uses their credit card linked to Paypal to pay?
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It doesn't matter. If you sponsor a group at $10, the group's sponsorship fund is credited for $10. Groups.io pays all transaction fees. Mark is eating that cost on the premise that as long as this feature is available more groups will go Premium.
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Regards,
Bruce
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P.S. I do understand that some folks are opposed to Paypal, for reasons we won't be discussing here. If you're concerned about them getting any money, use a credit card.