Frequently Asked Question

How to accept and enter PayPal payments
Last Updated 3 years ago

The below is a work in progress.....

  • If someone wants specifically to donate via PayPal the new way of doing this is to use the PayPal Giving Fund link: http://go.nirc.edu/paypl We pay no fees on this.
  • Another option would be for them to send it to PayPal the old way telling them to send the payment to nirc@nirc.edu. If they mark it "friends and family" it is fee free otherwise we pay the PayPal non-profit fee on the transaction.

What happens next depends on how they sent up the money.

New Way:

  • PayPal sends them a tax receipt.
  • PayPal Giving Fund holds onto the money till the 25th of the month.
  • It then transfers any payments automatically to our PayPal account at nirc@nirc.edu as a lump sum.
  • We request they transfer it to our bank.
  • We download the activity list and if we can determine the account we enter it into that account otherwise we enter it into anonymous.
  • Bank should be e-commerce and payment type should be PayPal Giving Fund. Since PayPal already gave them a tax receipt we do not. We can send them a thank you.

Old way:

  • PayPal notifies us at nirc@nirc.edu that we have money.
  • They withhold any fees and we request that the balance be dropped into our bank account
  • We enter it into JL as bank=e-commerce, payment type=PayPal and they get a receipt.

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