inLeague-Platform-Fees,-Stripe-Fees,-and-Refunds.md

@@ -29,7 +29,7 @@ Stripe ordinarily charges 2.9% + 30 cents of all transactions; inLeague has nego
 
 Under all circumstances, whether a transaction is refunded or not, **Stripe fees are non-refundable.** Stripe (and inLeague) will still allow a full refund, but the league is responsible for the Stripe Fee 'portion' of the transaction.
 
-**Example**: A parent donates $100 to the league on Monday. Stripe deducts (0.27 \* $100) + 0.30 == $3.00. The league nets $97 to their Stripe account balance. On Friday, the league refunds the full $100 to the parent. The league "nets" **-$3.00**, which is subtracted from their Stripe account balance (or their bank account, if they do not have a positive Stripe account balance).
+**Example**: A parent donates $100 to the league on Monday. Stripe deducts (0.027 \* $100) + 0.30 == $3.00. The league nets $97 to their Stripe account balance. On Friday, the league refunds the full $100 to the parent. The league "nets" **-$3.00**, which is subtracted from their Stripe account balance (or their bank account, if they do not have a positive Stripe account balance).
 
 inLeague recommends the use of holdbacks whenever possible and as we migrate our legacy reports to the 20th Anniversary Edition platform, we will make the Stripe transaction fees (which are already visible in the transaction ledger) as transparent as possible whenever refunds are being issued.