Open Betree opened 3 years ago
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From https://opencollective.slack.com/archives/G46PNRCGP/p1644922544294519:
Stripe is charging 1% more for “international cards”
One more parameter to consider.
In the contribution flow, we now show the "estimated fees" for Stripe and PayPal.
The fees that we show should be accurate in most cases, but there are a lot of things that we don't consider when estimating this fee (mostly because it's almost impossible to predict, see PayPal).
There are however things we can improve, for example we don't take into account the fact that OCF having a non-profit status lowers the fees charged by Stripe. We should review the code in
lib/fees.js
, and see how to make it match better the fees charged by Stripe & PayPal.