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Adele_L comments on MIRI's 2013 Summer Matching Challenge - Less Wrong
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Could be, if the transaction/processing/etc... is more. I think $10 is enough to be a net positive, but I'm not sure where the threshold is.
Transaction fees for non-profits such as MIRI on PayPal are 2.2% + $0.30, and the processing is automated with our donor database solution so it's definitely net positive :)