Fundraising Pledges and Donation Rates
Value for Money
We believe in transparency regarding rates. No surprises and no hidden charges.
It is free to list an event. The only time a charge is made is when someone performs a transaction on the site. Unlike some competitors, we do not charge monthly fees or "ne time set up costs". Our charges cover credit card and related payment fees as well as administrative costs. They are laid out in detail below, but in summary, the average cost is 5 -5.5% plus 40c or 28p per transaction plus applicable taxes.
That's it. No set up fees, no monthly fees, no hidden cash out charges at the end. So you end up with low charges, excellent functionality and great service. . When most of this goes to the credit card companies, we hope you understand that 2M really stands by its goals of delivering measurable value.
THE FOLLOWING RATES ARE APPLICABLE IN ALL CURRENCIES, PLUS APPLICABLE TAXES
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Set up charges: |
None |
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Monthly charges: |
None |
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Credit card charges: Visa MasterCard Amex
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2.5% + 0.40c/28p 2.5% + 0.40c/28p 4% + 0.40c/28p
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% of Total Cost + charge per transaction in cents or pence
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2M Transaction Management Charges “TMC”[1]
On free to enter events, our Transaction Management Charges ‘TMC’ are: First 2,000 transactions 2,000+ |
2.5% 2%
3.00 2.00 |
% of Total cost (donations up to 1,000) (donations over 1,000)
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Cash out charges: 2 scheduled payouts per month Additional payouts: By cheque Direct deposit/E.F.T. Refunds
Chargebacks |
No charge 25.00 50.00 5.00 per refund processed
25.00 |
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