MyRegistry.com's patent-pending Cash Gift Service harnesses the power of PayPal to bring you the fundraising tools your organization or nonprofit needs. Individualsor businesses can easily contribute cash gifts using a credit card or PayPal account.
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!
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.
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 gift list.
MyRegistry.com does not charge a fee to set 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.
*The PayPal® fee is 2.5% per transaction. This fee will be deducted from the amount contributed on each transaction. Additional PayPal® fees may apply if you plan to convert money in your Cash Gift Fund from U.S., Canadian, or Australian dollars to another currency.
MyRegistry.com does not charge donors any handling fee for contributions made to an organization/nonprofit Cash Gift Fund.
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.