Help Save My Pet is committed to helping pet owners raise funds for their animals in need. While every effort is made to ensure as much money as possible is collected and paid to campaigns, it’s a sad fact of life that running and maintaining a website as well as facilitating online payments are not free services.
In addition to hosting the website and keeping the lights on, the payment gateway that HSMP uses charges a transaction fee for each payment received, as well as a withdrawal fee to access any money.
As a result, either 5% or 7.5% from the total Net Amount received for a campaign will be donated to HSMP in order to cover these running costs. 5% will be donated to HSMP if your campaign target is not reached and 7.5% will be donated to HSMP if your campaign target is reached. The remaining 95% or 92.5% of the donation is paid over to the campaign owner in question.
It is important to note that the transaction charge (which is gladly covered by HSMP) is applied to every single donation not the total amount. What this means for a campaign owner is that this additional charge must be taken into account when creating your campaign. Rather set your required total higher by an average of 25%-50%.