[Eenc-board] Accounts
lynn cole
cole.lynn at earthlink.net
Sat Mar 22 01:11:46 EDT 2008
Yes, Paypal had our money, and we couldn't use it. I don't recall if
they paid interest. It was wonderful to handle registration that way and
be able to accept credit card payments. There are other services. Does
anyone know if there are any that serve non-profits?
Lynn
Diane Silver wrote:
> At the time, the problem was that we could only transfer $500 at a time
> (like, maybe, per month) FROM the PayPal account to our checking
> account. You could use the money in the PayPal acct. to pay for other
> purchases THROUGH PayPal, but we couldn't "withdraw" it easily. Thus,
> most of our conference income was locked up in PayPal and we couldn't
> write regular checks. I don't know if that policy is still true. If
> it's not, then I think PayPal would again be a good idea. If you were
> willing to research the fine details about current rules for use of an
> account, that would be terrific.
>
> -- Diane
>
> Shelby Gull Laird wrote:
>
>> Hi, all!
>>
>> I heard at one time we had a PayPal Account, and it was scrapped due
>> to $$$???? Is this true? I am trying to find a way for folks to give
>> donations/pay for the Conference Online (how much would we save in gas
>> and time that way)???? But I wanted to be sure that I was not
>> repeating past mistakes....
>>
>> I have a personal PayPal Account that accepts payments (like a
>> merchant account) and I find the fees tolerable...
>>
>> Thanks,
>>
>> -->shelby
>>
>>
>>
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