Donors, please remember that ActBlue already takes 4% off the top for credit card processing and you are absolutely insane if you tip them.
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Maybe it costs more to underwrite donation charges, because they get charged back or refunded or whatever? Either way: every time they’ve asked, I’ve thought “you all are doing just fine, NFW am I tipping”.
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Yeah, I think they'll find a way to eke out a living without the tip jar
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and they're processing a billion+/year. their cc costs are rock bottom.
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So I think I've chased down what's going on here... There is a separate legal entity called Auburn Quad which does a bunch of processing & reporting behind the scenes. They pay 2.45% for actual CC processing and keep the remaining 1.5%.https://blogdotactbluedotcom.wordpress.com/2007/07/02/auburn-quad/ …
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On one hand, this is sneaky because of the IKEA-like corporate structure. On the other hand, ActBlue tips do seem to actually be paying for worthwhile things. But yeah, I definitely concede that maybe AQ should be reducing their % cut given the volume they are processing now.
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