Quote from: sadpandatech on December 31, 2011, 04:46:54 PM

Quote from: phillipsjk on December 31, 2011, 04:17:07 PM

I was reading Wikipedia's donation FAQ and found this strange:

Quote from: wikimediafoundation.org

Why is there a minimum donation?
The minimum donation amount is $1. We receive small donations from people who don't have much money, and we are really, really grateful to those donors. Truly, if the gift is meaningful to you, it's meaningful to us. But, it's not uncommon for people to use donation mechanisms such as ours to test stolen credit cards to see if they work. Those people typically use a very small dollar amount for their testing: we find a $1 minimum donation amount seems to deter them.

- https://wikimediafoundation.org/wiki/FAQ/en#Why_is_there_a_minimum_donation.3F

I mean, other than a potentially low credit limit, what incentive does the thief have for conserving the funds of a stolen credit card? (Edit: I can possibly see it with cloned cards, but a charge of $1.05 is not going to be more obvious than a charge of $0.25.)

Why don't they just admit that fixed credit card fees become cost-prohibitive for such small donations?

The talk page of that Article has been deleted, so I have no way of knowing if it has been brought up before.

That does sound like a BS, cop out answer. But, are there fixed fees for non profit CC transactions? I thought ti was a set % of the transacted amount..?

I mean, if you are correct, it would be like the CC processors are soem kind of Mafia. And people are afraid to speak at all negatively about them. Though, even with what they are stating, that is pretty f'd up. The CC processors are able to tell them that Wiki can't accept small amounts because of fraud?

In any light, its another good reason for them to accept bitcoins...

cheers

Fees are usually $[flat amount based on how many transactions you do per month] + a % of transaction.