Wednesday, June 5, 2013

PayPal: A Word to the Wise

Just a little scoop that you savvy folks already know, but my unsavvy self can't figure out how to best deal with the circumstance so I'll just put the info and the choice in your hands.

In the interest of full disclosure (as well as the interest of raising as much money as possible for AHFJR) I just wanted to let you all know that PayPal does take a percentage of funds sent under the mode of donation.  More specifically, PayPal takes $2.7% of the donation when made through its site.  This fee is deducted from your donation before it hits the account for A House For Jennifer Rose.

While I don't disparage banks for being banks, selling products at a profit and making money, I just like consumers and our donors to be aware of this.

If you are tech savvy, have a PayPal account, and want to make your donation go as far as possible, there is a fully legal and above board way to avoid incurring this fee.  Simply 'send' money from your PayPal account to ours.  When prompted, select 'I'm sending money to family or friends'.  The money will be transferred to the account and no fee deducted.

This was the actual recommendation from the support person I spoke to at PayPal so please do not fret that I would lead you astray and promote dishonesty.  We are raising funds to help a family.  It's not our aim to do anything that would dishonor our purpose or the God we serve who is so faithfully providing for this project that He has set on our hearts.

This is just a little heads up for those who would like to donate and wouldn't mind making it a two step process rather than a simply click of the 'donate' button.  I will leave the button there, for now, as an option, should anyone choose it.

Checks may also be made.  This is the recommended method if you will require a receipt for tax purposes.  Only one person has inquired about that so far, so I won't bore you with the details, but leave me a comment or shoot me an email if you would like more info on that.

Again, this might be tedious info and it certainly is just a small part of the bigger picture of helping this family but I have a feeling that my readership is about 3 people right now and so the possibility of boring or discouraging a reader is a risk I'm willing to take at this point.  Call me if you have questions, Dad.

Thanks for reading and put us on your list to check back and follow up with this big adventure.  Things are happening, people.  Its exciting!

5 comments:

  1. haha! Hello, Reader! Finally I meet you!

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  2. If going in through a Paypal account, what is the email address to use as recipient to get the donation to the correct place?

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  3. same question as Julie...what's the email to send money to?

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  4. What a great question! :)
    Money can be sent from your PayPal account to:

    jenniferjheinrich@gmail.com

    Thanks!

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