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PayPal/Venmo

  • 1.  PayPal/Venmo

    Posted 6 days ago

    Hello Friends – Looking for some stats regarding digital wallets, specifically PayPal/Venmo.  If you use a platform that accepts gifts via PayPal/Venmo, can you please cite your transaction volume (as a % of total annual transactions) and $$ (as a % of total ANNUAL GIVING dollars – would certainly make sense to exclude major gifts).  This info is needed to make a case to our Controller's office.  Thanks very much!!

     

    Regards,

     

    Lisette D. Clem '85, '92MBA

    Managing Director

    Advancement Services

     

    Bryant University

    Division of University Advancement

    1150 Douglas Pike

    Smithfield, RI  02917

    Business (401) 232-6805

    Fax (401) 232-6514

    http://www.bryant.edu

     

    Proud board member of

    This email message from Lisette Clem is intended for only the individual or entity to which it is addressed as it may contain information that is privileged, confidential and exempt from disclosure under applicable law.  If you received this email by accident,  please notify the sender immediately and destroy this email and all copies of it.

     

     



  • 2.  RE: PayPal/Venmo

    Posted 6 days ago
    Hi Lisette,

    We use paypal and then venmo is an option within paypal (fyi - paypal owns venmo) . . . based on how that is set up (i.e. have to go through paypal to use venmo), we can't distinguish between the two.

    the combined total $$ represents 7% of annual giving $$ received online and 8% of ## of online transactions

    The last we heard about being able to 'venmo' directly to a university was that venmo didn't allow non profits to set up accounts . . . not sure if that changed (if anyone knows differently, let me know)

    Good luck

    Tom.



    --

    Thomas A. Chaves
    Saint Joseph's University
    Associate Vice President for Advancement Operations
    p/610-660-1255; c/610-316-6541

    Live greater. 






  • 3.  RE: PayPal/Venmo

    Posted 5 days ago
    Hi Lisette,

    We added the PayPal/Venmo option to our online giving page shortly before our Day of Giving last April.  Just over 20% of our donors who gave online for Day of Giving used PayPal/Venmo.  Dollar-wise, it accounted for 10% of our DoG online gift total.  Also, 10% of our donors who have scheduled/perpetual gifts use PayPal/Venmo. (Many of those recurring gifts were initially created on our DoG last year.)

    --Scott

    Scott B. Burdick '85
    Senior Director | Applications & Reporting
    o 401.874.2383  | web | social
    73 Upper College Road | Kingston, RI 02881
    __________________________________________

    The mission of URIFAE is to inspire and steward philanthropic support benefiting URI and to inform and engage alumni as committed partners of the University, its mission and traditions.  Give today.






  • 4.  RE: PayPal/Venmo

    Posted 5 days ago
    We have PayPal set up with iModules, but it hasn't been in place long enough to give any numbers. I will say that it was pretty painless, and I felt like we were years, if not decades, behind in getting it as an option. 

    I'm curious about the folks using Venmo. What does the actual interface look like? I presume they can't use the Venmo app on their phone to pay, so does it just take them to a web-based checkout page for Venmo instead? My dream is using the phone app, otherwise it's the same as any other third party like PayPal, Visa Pay, etc.

    ------------------------------
    Josh Greenbaum
    Executive Director, Advancement Information Svcs
    Emory University
    josh.greenbaum@emory.edu
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