If we're sending 30% (of $1500), that'd be $450. Using PayPal, people could cover the fees if they send normal, or do Friends and Family but they wouldn't have the protection on their money. Covering the fees, you'd be looking at sending $463.75 to have the recipient get $450. Personally, I'm fine sending an additional $13.75 to have my money protected during this process.Yeah, I’ll go over some good payment policies and work something out. I’d like to be able to guarantee people’s money as well as protect myself at each phase of the project, so we’ll get some good documentation in place. I don’t want anyone uncomfortable at any stage, and make sure all funds are properly managed. I talked to @hursit briefly, we’ll make sure that is done. The logic makes sense that it would in fact be easier for me to handle initially.
On my end I’m charged something like $14 for all incoming wire transfers, $35 for domestic outgoing and $70 for international outgoing. PayPal charges 4% or something? per transaction goods & services, which is taken out of the seller’s account in case of refunds so I prefer not to do that, as it straight up fucks the seller. We’ll figure out how best to handle fees. If people are comfortable with PayPal Friends & Family, I’ll back all transactions within whatever guidelines are decided and documented in any agreements.
If anyone has any suggestions or comments on the matter, go ahead and let us know.
I've used https://thefeecalculator.com/ many times before to check amounts on PayPal fees and it's always been good. Just a heads up.