From b67184d145404b8f263d081eb9954fe47ea37bd2 Mon Sep 17 00:00:00 2001 From: Adam Chlipala Date: Thu, 2 Jul 2009 11:42:02 +0000 Subject: [PATCH] Update Checkout fee information --- payment.mlt | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/payment.mlt b/payment.mlt index ab58167..1fd7eab 100644 --- a/payment.mlt +++ b/payment.mlt @@ -77,6 +77,6 @@ end %> NONE => %>

You haven't set a Google Checkout e-mail address. If you are going to send a payment by Google Checkout, please set a Checkout e-mail address on the Preferences page first to ensure that you are credited promptly and accurately.

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Remember that we credit member balances for Checkout payments after subtracting Checkout's service fees. This means that, to increase your balance by a particular amount, you must make a larger payment than just that amount. The current fees are 2% plus 20 cents. This means that you can calculate the amount x to send from the amount y you want us to receive with this formula: x = (y + .2) / (1 - .02).

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Remember that we credit member balances for Checkout payments after subtracting Checkout's service fees. This means that, to increase your balance by a particular amount, you must make a larger payment than just that amount. The current fees are 2.9% plus 30 cents. This means that you can calculate the amount x to send from the amount y you want us to receive with this formula: x = (y + .3) / (1 - .029).

Checkout has an "e-mail anonymizing" feature, where recipients of your payments will only see your e-mail address as some random string at checkout.google.com. If you use this feature, you must e-mail payment@hcoop.net after every Checkout payment, letting us know which HCoop user the payment is meant for. If you use Checkout's e-mail anonymizing and don't send us an e-mail with your payment, we may not credit you for the payment.

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