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RegFox charges a fee of 1% + $0.99 for each registration, plus a credit card processing fee of 2.9% + $0.30
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You can use this spreadsheet to calculate how much to charge to make sure your costs in fees are covered by the total.
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Net Revenue I Want to Receive$200.00
◀ Edit this number
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Fees$9.46
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You Need to Charge Registrants$209.46
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Refund Policy
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Plan a refund policy for your event that protects the university and your department, and show the refund policy clearly on the payment page.
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Example: Refunds are available through [date] with a $8 surcharge -- only $92.00 will be refunded. After [date], there will be no refunds.
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Refunding money electronically costs the university the same as receiving the money in the first place.
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An administrative fee should be deducted from all refunds. Allow at least double the fee for refunds so that the university is reimbursed for the administrative costs of processing the refund as well as the fee RegFox will charge for the refund transaction.
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For a $100 refund, charge at least $8, so the refund is only $92 and covers both what we paid to receive the money and what we paid to send it back.
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We don't have to pay for people to change their minds or not bother to check their schedule before paying.
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