Re: Paypal

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mindehankins
Posts: 3014
Joined: Fri Mar 06, 2009 8:21 am
Location: Western NY State

Re: Paypal

Post by mindehankins »

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.
GraysonDave
Posts: 479
Joined: Thu Feb 11, 2010 7:41 am
Location: Georgia

Post by GraysonDave »

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.
Xislandgirl
Posts: 4163
Joined: Tue Aug 08, 2006 4:03 pm
Location: Slightly left of center

Post by Xislandgirl »

I posted this on the other post, but you can avoid that by opting to pay the fee yourself.
I have done that many times, make a donation for $51.50 and the charity, etc wil get $50. Paypal even gives you that option.
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