Online Giving • Donations can be sent securely by credit or debit card (Visa, MasterCard, Discover, or American Express), PayPal balance, or from a donor’s bank account. No PayPal with PayPal account is required to send a donation. • Discounted charity rates are offered once your 501(c)(3) status is confirmed. • Basic Fee Structure for Charitable Organizations: 2.2% + $0.30 per domestic transaction. No monthly fee for a Business Standard account.

• Multiple options to withdraw funds received: • Create a donation button for your church’s website or o Transfer to a bank acco unt w/in ~ 1 business post a QR code for donors to easily send a payment. day (FREE) • Customize payment buttons for different types of o Instant transfer to a bank account or debit card purchases. w/in minutes (1% of transfer fee; max. fee of • Accept in-person payments on a smart phone or tablet $10) with PayPal Here for a fee of 2.7% per US card swipe. o Request a check by mail ~1- 2 weeks ($1.50 PayPal offers a variety of card readers. fee/request) • Setup a single user or multiple users on PayPal with • Access reports to view transactions processed for a varying levels of access to the account (e.g. Treasurer, specific date range. Warden, Rector, etc.).

Instructions on setting up an account for your church as well as helpful resources and tips follow.

This guide was created using PayPal’s guidelines as of March 2020. It is only intended as a resource to setup a PayPal account. It does not replace PayPal’s current Terms and Conditions. See Paypal.com for account specific inquiries. How to Setup Online Giving with PayPal

Step 1 Visit Paypal.com, click on the “Sign Up” button and select “Business Account.” A business account must have a unique e-mail address separate from your personal PayPal account. You will confirm your organization’s charitable status later in Step 5.

Step 2 Select your account type from the three available options (Payments Pro, Payments Standard, or Express Checkout). The Diocese currently uses a Payments Standard account, which has no monthly plan fee.

Step 3 Provide an e-mail address and password for your Business account. Follow the prompts to input information about your organization. Note: In addition to your organization’s EIN number, you may be required to input a SSN for the primary contact on the account per the US Patriot Act. You will then need to select how you’d like to process online payments/and or donations.

Step 4 Once you’ve provided all the required information to setup your account, look for an e-mail from PayPal that will ask you to confirm your e-mail address. You will also need to link a bank account. You can do this in two ways:

1. Provide your organization’s bank account and routing numbers. No login credentials for your online banking are required, so this option may be preferable for safeguarding your online bank account. Once you provide your account numbers, PayPal will make two small test deposits and withdrawals to your account to verify that the bank account is valid and active. Expect the tests deposits/withdrawals to be made within the next few days. You will simply need to confirm the deposit amounts to verify your bank account. 2. Provide PayPal with your organization’s online banking login credentials.

Step 5 Verify your charitable status as a 501(c)(3) organization by providing: 1) A document from the IRS with your organization’s full name and EIN number, 2) A copy of your organization’s bank statement or a voided check, and 3) A group tax exemption letter for the Episcopal Church that is available from the Diocesan Office. E-mail [email protected] to request a PDF copy of this group tax exemption letter. Once these documents are uploaded to PayPal, they are reviewed, and you will receive an email as soon as PayPal has verified your charity's status. Helpful Resources & Tips

• PayPal’s Guide on Setting Up a Business Account: https://newsroom.paypal-corp.com/covid-19-opening-a- paypal-business-account • How to Set Up a PayPal Business Account (screenshots included)– PC Mag: www.pcmag.com/how-to/how-to- set-up-a-paypal-business-account • Confirm your charitable status on PayPal: www.paypal.com/charities • PayPal Contact Page – Click “Message us” to access a live chat with an agent: www.paypal.com/us/smarthelp/contact-us • If you need to issue a refund to a donor/customer, you can send a full or partial refund. Your organization may receive credit for some of the transaction fees: o Full Refund – PayPal credits the organization the variable portion of the transaction fee. The fixed portion of the fee (e.g. $0.30 for charitable organizations) is not refundable. o Partial Refund – PayPal credits a percentage of the variable transaction fee. o Refund to a donor who paid with American Express – No fixed fee is charged if the donor pays with AMEX, and the entire transaction fee is not refundable. • Note: A PayPal Business account that is a confirmed 501(c)(3) charitable organization is different from the PayPal Giving Fund. When visiting the PayPal Help Center, make sure you are accessing a help article for the correct account type. PayPal Giving Fund is its own 501(c)(3) charity and serves as a hub where donations are made and then deposited to the appropriate charity by PayPal. There is a greater lag with the PayPal Giving Fund from a donation being made to the money being deposited into your organization’s account. The Diocese is not currently enrolled in the PayPal Giving Fund.