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Ohio Museums Association - Johnna McEnteeTwitter: @OhioMuseums
A Cashless Society:An introduction to PayPal
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Why PayPal?
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So, why does my museum need to take
credit cards?
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www.ohiomuseums.org
ConsumerCredit.com recently completed a survey:
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www.ohiomuseums.org
What exactly is PayPal?
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PayPal is a service that enables you to pay, send money, and accept payments.
PayPal uses data encryption and anti-fraud technology to keep information secure, reducing the risk of online fraud.
Is it secure?
What are the costs involved?
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•There are no fees for your customers
•For each online sale, the fee is 2.9% of the total sale, plus $0.30.
Example: $5 sale = $0.11 + $0.30 = $0.41So, your $5 sale actually brings you $4.59
•Special Non-profit rate: 2.2% of the total sale, plus $0.30
What are the costs involved?
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•There are no fees for your customers
•For each PayPal Here card reader sale, the fee is 2.7% of the total sale, when you swipe the card.
•If you enter the card information manually, the fee is 3.5% of the total sale, plus $0.15
How to create an account:
www.ohiomuseums.org
How to create an account:
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How to create an account:
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How to create an account:
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How to create an account:
www.ohiomuseums.org
Information you’ll need:•The email address you want associated with your PayPal account (it can’t be associated with another PayPal account)•Your business name•Your federal Tax ID number•The physical address of your organization (no PO boxes)•Your organization’s checking account number and your 9-digit Bank Routing Number
How to create an account:
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Verification Process:
•Email verification•Bank account verification(this will take a couple of days)
Check for nonprofit eligibility:
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Go to: paypal.com/charities
The PayPal Dashboard
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How to withdraw funds
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Take payments from your website:
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Take payments from your website:
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How to run reports:
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How to run reports:
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PayPal Here card reader
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• Price: Free for your first 3 ($14.99 after that)•Accepts all magnetic stripe credit or debit cards from Visa, Mastercard, American Express and Discover•Software is compatible with most Apple, Android and Windows mobile phones and tablets
PayPal Here
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PayPal Here
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Help is on the way!
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paypal.com/selfhelp/home
www.ohiomuseums.orgoma@ohiohistory.org
@OhioMuseumsfacebook.com/ohiomuseums
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A Cashless Society:An introduction to PayPal
Adding a button to your site:
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