It’s true – we didn’t even know this ourselves, and we’ve been working with PayPal for a long, long time. Non-profit organizations that use PayPal can enjoy lower fees on payments (think donations) people make to them with PayPal. At the time of this writing, instead of PayPal taking 2.9%, they only take 2.2%. That’s a big difference! But it doesn’t happen automatically – you need to submit proof of your 501(c)(3) status.
For more information – view PayPal’s non-profit FAQ – or drop us a line!