Showing posts with label PayPal. Show all posts
Showing posts with label PayPal. Show all posts

Wednesday, May 19, 2010

Issues with PayPal

I got a surprise from PayPal today. I had no idea that they needed extra verification of whether or not Recycling for Food really exists as a organization, and whether or not it is a tax-exmpt non-profit. Since the 501(c)(3) application has been sent, but has not yet been reviewed, I could only send them the information I had. They also wanted a copy of a bank statement for the organization, but we don't have one yet because the account was only opened this past Monday.

Hopefully the information and paperwork I did have will be good enough evidence for their needs. If not then there will be some restrictions placed on the account, but I am not sure what those restrictions are.

Donations

The ability to donate online has been added. It works pretty well. The donations get processed through PayPal, and the receipts generated from it are well designed. Donators may print the receipts for their records to show how much they have given for tax purposes.

I tested the online donations by charging $1.00 to my Discover card. The donation was taken successfully, and $0.67 was deposited into the organization's checking account. The processing fee seems pretty high, but this is normal with such small amounts. It won't be so bad with larger amounts donated.

Monday, May 17, 2010

PayPal

I decided to use PayPal for processing online donations. It seems like it will work just fine for this. PayPal has a cool feature where it generates the html code for a "Donate" button. I copied the code, but it is not on the website yet. I might wait until the pretty version of the website is finished.