With MyRegistry.com's Cash Gift Service, you can effectively request and accept
cash gifts to make fundraising for your organization or nonprofit easier than ever.
Name your Cash Gift Funds with the different initiatives that your organization
is launching, (e.g., Toy Drive Donations, Tuition Aid, etc.) and let donors choose
which projects their contributions will benefit.
There is no limit to the number
of Cash Gift Funds you can create on your organization’s wish list, and they will
display together with other products and items you have added from any store in
the world. Donors will be able to conveniently contribute cash gifts in any denomination
by using a credit card or a PayPal account to your Cash Gift Fund.
MyRegistry.com does not charge a fee for setting up a Cash Gift Fund, however, a
5% handling fee will be deducted from transactions made through a Cash Gift Fund.
PayPal will also charge their
made only by credit cards to cover credit card processing.
- Set up your special Cash Gift Fund with the name of your choice (i.e. Honeymoon Fund, Baby’s
College Fund, Home Down Payment Fund, Back to School Fund, etc.).
- Your new fund will prominently appear on your registry along with your other gift choices.
- Open a fund for your Bridal Shower, Baby Shower or any other upcoming event. You can change it again
for the next special occasion that follows or just put it on hold until the next time you need to use it.
- MyRegistry.com's convenient Cash Gift Service is ideal for group gifts, partial payment gifts, and
large unique gifts that you want to purchase for yourself.
How Does it Work?
MyRegistry.com's patent-pending Cash Gift Service harnesses the power of PayPal to bring you the fundraising tools your organization or nonprofit needs. Individuals or businesses can easily contribute cash gifts using a credit card or PayPal account.
What is PayPal?
PayPal is a secure and
easy way to send money from one person to another that is available to anyone with
an email address. Recipients can connect their PayPal account to their organization
or nonprofit’s bank account, transfer their balance or just make payments from their
PayPal account. Your special cash gift account with
PayPal is as good as having cash!
How do my Donors Contribute?
Your donors will be able to easily contribute money to your Cash Gift Fund cause online by using a credit card or their PayPal account.
I don’t have a PayPal account yet, what should I do?
In order to activate
your Cash Gift Fund and start receiving contributions, you must have a PayPal account.
You can either open a PayPal account now at www.PayPal.com,
or after your have create your organization or nonprofit’s wish list.
Are there fees to have a Cash Gift Fund?
MyRegistry.com does not charge a fee for setting up a Cash Gift Fund, however, a 5% handling fee will be deducted from transactions made through a Cash Gift Fund. PayPal will separately deduct standard fees* for processing contributions made with credit cards.
* PayPal's transaction fees for a U.S. Account is 2.9% +$0.30 per transaction (i.e. $3.20 for a $100 contribution to your cash gift account). This fee will be deducted from the amount contributed on each transaction.
Are there any fees when sending a Cash Gift?
MyRegistry.com does not charge donors any handling fee for contributions made to an organization/nonprofit Cash Gift Fund.
When will I receive the donor contributions?
In order to comply with PayPal’s security provisions, contributions to your Cash Gift Fund will be held for five business days before transferring monies to your PayPal account.
How do I activate my Cash Gift Fund?
To activate your Cash Gift Fund, login to your account and click the link Activate Cash Gift Fund under the Manage Registry tab. You will then receive an email to verify your PayPal account. Once you have verified your PayPal email, your Cash Gift Fund will display on your gift list for guests to contribute.
To view more FAQs regarding Cash Gift Funds, please see the MyRegistry.com