Re: Paypal
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Re: Paypal
I didn't want to hijack Nancy's thread with more information about paypal, but I can give you a good example.
I am the volunteer coordinator for a music festival with about 1,000 volunteers. Each has to pay a $50 refundable deposit, to volunteer, which is returned after they work their hours. To make it easier to receive the deposits, and reduce paperwork, paypal is accepted as deposit.
I believe the amount that is received is around $47.50 for each $50 deposit. If you multiply that by 1000, it's a significant amount of money that the festival would be "out," if volunteers didn't show up for their shifts.
Nancy or any other charitable fund would be "out" the same amount of money. Still, in our experience, the money recieved is more than would be received if waiting for checks or credit card payments, so it's worth it.
Just thought I'd throw this out, to help you understand.
I am the volunteer coordinator for a music festival with about 1,000 volunteers. Each has to pay a $50 refundable deposit, to volunteer, which is returned after they work their hours. To make it easier to receive the deposits, and reduce paperwork, paypal is accepted as deposit.
I believe the amount that is received is around $47.50 for each $50 deposit. If you multiply that by 1000, it's a significant amount of money that the festival would be "out," if volunteers didn't show up for their shifts.
Nancy or any other charitable fund would be "out" the same amount of money. Still, in our experience, the money recieved is more than would be received if waiting for checks or credit card payments, so it's worth it.
Just thought I'd throw this out, to help you understand.
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Yeah, paypal does take a nice chunk. But we started using it for our soccer team fees and it has worked great. No more chasing down parents for monthly coaching fees and tournament fees, etc. The convenience has been worth it. And twice I have had to have money refunded for ebay purchases that went bad, and both times it was done by paypal with no issues.
So, I've been happy.
Just my 2 cents.
So, I've been happy.
Just my 2 cents.
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