How to use PayPal for Fundraising [Infographic]

 

2 Ways to Fundraise with PayPal: 

 

Option 1>

Login to your PayPal account and navigate to ‘Tools’ > ‘Payment Buttons’ > ‘Create a New Button’.

Then generate your donate button code and embed that on your website or blog.

 

Benefits:

• Easy-to-create
• You will only incur the PayPal fee
• Option to set fixed or flexible contribution amounts
• Button can be somewhat customized
• Multi-currency

 

Option 2>

Connect your PayPal account to GoGetFunding.com. Here’s how it works:

Benefit from a full suite of fundraising tools that will help you raise more money online.

 

Benefits:

• Have your own fundraising page with attractive donation tally & target
• Supports comments, updates, rewards, followers & more
• Embed a wide variety of widgets onto your website or blog
• Customise colors, look & feel, checkout process, URL and more
• Enable additional payment processors for maximum flexibility
• Create a fundraising team & assign roles
• Upload pictures and video
• Get 1-to-1 help from a personal fundraising coach
• Multi-currency
• Enjoy industry low fees
• & much more

 

Whenever raising money with PayPal, to prevent fundraising interruptions, beware of the following:

 

PayPal can limit accounts that experience a sudden influx of money. Make sure you lift receiving limits on your account beforehand.

 

Upgrade to a Premier or Business PayPal account (both free) to ensure donors can pay with credit & debit cards in addition to PayPal

 

Make sure that the currency you raise money in is enabled in your PayPal account.

 

Four Fascinating PayPal Statistics:

 

1) Fundraising pages that enable PayPal in addition to our credit / debit card processing raise more than those who don’t

 

2) In 2014, PayPal’s payment volume stood at $235 Billion. That’s more than the annual GDP of countries such as Ireland, Finland and Sri Lanka!

 

3) PayPal’s 165 million active customers are create a population greater than Russia (142 million)

 

4) Around a quarter of PayPal’s payments were processed on mobile and this is where PayPal continue to innovative with the introduction of features such as One Touch – allowing people to pay with a single touch on their smartphone

 

Conclusion:

 

PayPal is a very popular option with both organizers and donors for making and receiving payments online.

 

As a result, it should be part of your fundraising efforts to make sure you raise the most money possible.

 

Sources:

https://www.paypal-media.com/assets/pdf/fact_sheet/PayPal_Q1_2015_Fast_Facts.pdf

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PPP%29

http://www.worldometers.info/world-population/population-by-country/

https://www.paypal-media.com/payments/vision