For the Number crunchers:
Each method of making online donations is secure and convenient, yet can differ in cost,
PayPal - Whether credit or debit the fee is 1.6%+ $0.30. This is the most costly method. The payment portal gives you a choice to increase your gift to cover the fees if you wish.
PAR - Each transaction (monthly transfer) costs $.50 regardless of the amount. This is very cost effective for monthly gifts.
Interac E-transfer - Your bank may charge fees to your account for E-Transfers, but at this time St Paul's Church is not charged anything by our bank.
Example A family with a $60,000 income that chooses to tithe would be giving ($6,000/12=) $500.00 monthly. In the course of a year the fees would be:
Method | Monthly Fee | Annual cost |
Paypal (1.6% + 0.30) | $8.00 | $96.00 |
PAR (0.50) | $0.50 | $6.00 |
Interac E-Transfer | Cost to St. Pauls - $0 Cost to You - check with your Bank | St. Pauls - $0.00 |