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Unread 05-12-2013, 14:19
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Re: Paypal Donations and Online Order Forms

Quote:
Originally Posted by AgataSays View Post
Hey-

we are set up as a non-profit organization- and you need you tax number to do so. However, you can also just put in your personal SS and set it up as well. PayPal takes a 5% off of all payments/donations, but it's worth it to have a system that everyone's comfortable using.

Good luck, let me know if you have more questions

-Agata
We recently set up a Donation button on MOE's website to accept Paypal. We registered as a nonprofit corporation (which we are) and only had to submit our EIN with assorted paperwork.

Before we got authorized as a nonprofit by Paypal, the amount they took was 2.9% + 30 cents/transaction. After getting authorized as a nonprofit, that dropped to 2.2% + 30 cents.

You may want to check on that 5% cut they are taking.
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