"GoFundMe charges a flat fee of 5% on all donations collected. That means GoFundMe has already made $7,500 profit off of this tragedy. "
That is outright disgusting.
Very much so and why we should act.
Oh and it's currently $16,936.80 in profits.
What a sales pitch...
http://www.gofundme.com/how-to-fundraise/6. Will GoFundMe charge me any fees?
GoFundMe will automatically deduct a 5% fee from each donation you receive. If you don't receive any donations, then you won't pay anything at all.
Since our fee is deducted from each donation in real-time, you'll never need to worry about getting billed or owing us any money. Your donors are NEVER charged fees.
Remember, GoFundMe is the BEST fundraising solution available and all those extra donations you collect should more than make up for the fee.
7. How are payments processed?
US Customers: A WePay account is automatically created for you inside of GoFundMe during the sign up process. WePay charges a fee of 2.9% + $0.30 per transaction (exactly the same as PayPal).
International Customers: You'll be ask to connect or create a PayPal account inside of GoFundMe during the sign up process. PayPal charges 2.9% + $0.30 per transaction.
Leave a wall post informing them of better alternatives such as bitcoin.
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