What are the fees associated with donation platforms?
An example of an AI chatbot conversation about donation platforms and their fees.
What are the fees associated with donation platforms?
The fees for donation platforms can vary widely. Some charge a flat fee, while others take a percentage of the donations.
Can you give me examples of popular donation platforms and their fees?
Sure! For instance, GoFundMe typically charges a 2.9% fee plus $0.30 per donation, while PayPal has similar rates.
Are there any platforms with no fees?
Yes, some platforms like Donorbox offer free options, but they may have limitations or charge for premium features.
How do these fees impact the total amount received by the charity?
Fees can significantly reduce the total amount received. It's important to factor them in when planning a fundraising campaign.
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