PayPal fees temporarily waived

Discussion in 'Zidisha | Fostering Peer2Peer Entrepreneurship' started by Julia Kurnia, Mar 5, 2013.  |  Print Topic

  1. Julia Kurnia

    Julia Kurnia Silver Member

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    Dear all,

    We have temporarily waived transaction fees for crediting lender accounts via PayPal.

    Up until now, we have included a transaction fee of 3.4% in payments that are made via PayPal, to allow us to cover the costs of the fees that PayPal deducts from each payment. The purpose of waiving this fee temporarily is to allow us to see whether lending activity and donations would increase enough to allow us to cover the PayPal charges, without charging a required fee.

    Best regards,

    Julia
     
    zphelj, IDGflygirl, fcjapan and 3 others like this.
  2. gleff
    Original Member

    gleff Co-founder

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    Wow very cool, this got my attention.
     
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  3. Julia Kurnia

    Julia Kurnia Silver Member

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    Hi gleff,

    Thanks for your reply. I hope the experiment is a success, in that we will be able to raise enough revenue that Zidisha can begin to cover the PayPal charges at the organization level, rather than passing them on to our members.

    Best,

    Julia
     
    fcjapan likes this.
  4. fcjapan

    fcjapan Gold Member

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    +1
     
  5. LIH Prem
    Original Member

    LIH Prem Gold Member

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    zidisha cares.

    -David
     
    fcjapan likes this.
  6. kyunbit
    Original Member

    kyunbit Silver Member

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    Your experiment is working. You got me to join.

    Another suggestion. It would be great if there was a way to sort loans by some other criteria like gender. category, repayment period etc.
     
    KyRoamer, zphelj and fcjapan like this.
  7. Dangjr213

    Dangjr213 Gold Member

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    Worth mentioning that looks like today is the last day for the PayPal fees being waived.
     
  8. KyRoamer
    Original Member

    KyRoamer Gold Member

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    Most loans are 12 months.

    I sort by expiring soon. If Zidisha tracked loans by gender or category, those would be meaningful sorts.


    Go to the suggestion discussion on the forum at Zidisha.org and make your suggestions where not just us Milepointers will see them.
     

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