Hmm, yeah, this sucks.  I'm in the process of setting up a Google  
Checkout account.

Ian.

On 14 Jul 2006, at 06:46, Matthew Toseland wrote:

> My paypal account (on which I receive payments from Freenet Project  
> Inc)
> says I can only receive ?250.00 per month, and if I want to receive  
> more
> I will have to upgrade to a Premier account. It also says I have  
> ?250.00
> remaining this month (despite the fact that I have received more than
> twice that).
>
> I believe at the moment we pay:
> 2.9% + 30c/transaction for receiving on ian at freenetproject.org
> (3.9% for non-US payees)
> 2.5% currency conversion (at my end)
> = 5.4% - 6.4% + 30c/trans
> (A lot of our users are non-US; I suspect a lot of our funders are  
> too).
>
> 30c/trans = 6% of $5, 3% of $10, 1.5% of $20
>
> If they force me to get a Premier account, (the limits have been  
> around
> for at least 2 months, so they may not), then that would go up to:
> 2.9% + 30c/transaction for receiving on ian at freenetproject.org
> (3.9% for non-US payees)
> 3.9% + 20p/transaction for receiving on my end
> 2.5% currency conversion (at my end)
> = 9.3% to 10.3% + 30c/trans
>
> Now, lets take the 30c/trans into account as well (the 30p/trans is
> irrelevant, but the 30c/trans isn't):
> $5, non-US: 16.3% (12.4% if I can stay at Personal)
> $5, US: 15.3% (11.4%)
> $10, non-US: 13.3% (9.4%)
> $10, US: 12.3% (8.4%)
> $20, non-US: 11.8% (7.9%)
> $20, US: 10.8% (6.9%)
>
> Either way, intra-national wire transfers are free, and relatively  
> easy;
> should we have a page with bank details on the website? I believe you
> have a US account for FPI; I am willing to receive onto my account,  
> but
> if we are advertising it you should probably open a dedicated  
> account in
> your name to avoid confusion and because I may not always be  
> working for
> FPI!
>
> It's a shame nobody uses egold; it's actually cheaper for us, but  
> it's a
> lot more hassle to use for the sender. We should probably get a Google
> Checkout account; good brand awareness, low fees and less hassle than
> Amazon Honour System, although both the sender and the receiver  
> must be
> in the US, so we could only use it for the FPI end, and it might be
> contrary to paypal's Terms and Conditions to use paypal to move the
> resulting $.
> -- 
> Matthew J Toseland - toad at amphibian.dyndns.org
> Freenet Project Official Codemonkey - http://freenetproject.org/
> ICTHUS - Nothing is impossible. Our Boss says so.

Ian Clarke: Co-Founder & Chief Scientist Revver, Inc.
contact | ian at revver.com - 323.871.2828 | personal blog - http:// 
locut.us/blog

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