Official announcements and happiness!
Process multiple tips at once
Recently I tipped someone $1, only to later find out that they only got 67 cents of that because of Stripe's exorbitant processing fees. I know they're probably the best y'all can do, but it still gets my goat.
Would it be possible to "save" a tip in a cart for a certain amount of time, 24 hours maybe? During which time, more tips could be added to the cart, and then they could all be checked out at the same time to minimize the fees charged. More money for the recipients, more money for Imzy (from people who choose to donate to Imzy). Everyone wins! Except Stripe.




Unfortunately in order to host a "cart" we have to become a bank, like our own full-fledge paypal type service, from my understanding. It's something we'll investigate long term and try to figure out better options for. :)
Ahhh, that's disappointing. Thanks for the response though!
I thought imzy got that percentage! I didn't know it was stripe. How'd you find that out?
Imzy says they don't take any percentage of tips. There's an option to give them an additional tip, but that's all it is, an option.
Stripe takes $.29 plus 3%, so it's REALLY painful for $1 tips. That SHOULD leave $.68 unless the tipper gave Imzy the standard 10% which would be $.10 to Imzy. This would then make the 3% take $.38, so that leaves only $.67 for the person being tipped. So I assume what IMZY does is since 3% of a $.10 donation is not even close to 1 cent, the Stripe cut money is all taken from the tipped person.
Now with a larger tip like $5 you would only lose $.12 more, so it's better.
Yeah I did get a little sad about the cut but thought at least imzy got it. Now I'm more sad!
The 10% for Imzy, if someone decides to do that, is on top of the $1. So it would be like $1.10 as the default amount.