BackaBuddy is a Non-Profit Organisation
All donations made through BackaBuddy are managed by The BackaBuddy Foundation
(Reg No. 2015/313483/08)
The BackaBuddy Foundation collects a 7% +VAT = 8.05% and a transaction fee which covers the costs of our 3rd party bank and payment channel fees.
65% of donors cover the administration fee. How? BackaBuddy gives donors the option to cover this fee.
Your support helps us continue to offer our much-needed platform and services to people in true need and organisations such as yourselves.
NB to note: All registered non-profit organisations that registered on Backabuddy from March 2022 - June 2022 will only be paying a 5% administration fee.
African Payment Processing fees: as of the 22nd March 2022
|Electronic Funds Transfer EFT||R12|
|Debit/Credit Card South Africa||3.9%|
International Payment Processing fees:
|International Credit Card (PayPal)||5.5%|
PayPal is a high cost payment portal but is a trusted international payment channel. The 5.5% is made of two fees,
- The PayPal fee directly
- The local SA PayPal banking partners fee
Funds are collected from the 1st – 30th of each month and paid out to the respective organisations on the 10th of the following month.