Showing posts with label paypal. Show all posts
Showing posts with label paypal. Show all posts

Saturday, August 1, 2009

International payments and more

Our IT manager, Bob Mason loves PayPal. So do I - incredibly convenient and fast. But we have only just realised that you can now do monthly giving, and charities can get a big discount on fees.

This should have great implications for charities like The Sumba Foundation - a small but brilliant charity that I want to support but international charges are too high for smaller ongoing regular gifts.

Paypal charges 1.1%+30c per transaction for charities - which is 52c on a $20 a month donation; comparable to local banks.

I notice only a few charities actually accept PayPal, but I expect this to change pretty soon. If you are in a charity, then please accept PayPal online - it makes it easier for the donor to give!

Setting up an account is easy, but make sure it is a "Business type". Registering as a charity is a little more complex though; email PayPal and they give you the instructions.
Disaster Fundraising Guide download it here