If a donor chooses to cover the processing fee, what fees are included in it?

When a donor opts to cover your processing fee, there are 2 key factors that go into how we approach the calculation:

• We include the Donorbox fee of 1.5%.
• We use the lowest Stripe/PayPal rate allowed, which is 2.2% + $0.30. Donorbox doesn’t have access to check what your actual Stripe/PayPal rate is. So, this the safest rate to use that ensures we don't over-calculate what your fees are. 

We will use an example of a $100 donation where the donor wants to cover fees. Here’s how the calculation works:

Step 1

We add your Stripe/PayPal and Donorbox fee to the donation. 

Step 2

The donation amount has now increased by an extra $4, which will also incur fees. So, we adjust the final amount to cover fees for that extra $4.

Step 3

We add the calculations from Step1 and Step 2 to give us the final total that the donor will be charged.