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PayPal is an online payment system which allows individuals or organisations to make payments for items and services purchased online without the need to enter card details, as each PayPal account is linked to a bank account.
PayPal is a very useful system for Branches to use to receive money from their events and rallies and also it can be useful if Branches are going to pay for their members entries into other competitions (such as the National Championships or Area competitions) but comes with an inherent risk as it is a single authorisation system.
However, as it is a well established system and has proved very useful, its use is permitted but there are strict procedures which must be adhered to prevent fraud or theft of Branch funds. See Paypal Guidlines for more detail.
Please note that PayPal charges a fee per transaction which passes through their system. Setting up a charity Paypal account will reduce the fee PayPal charge.
Other Pony Club Approved online payment systems are:
- Sage Pay
- World Pay