Online office money collections?

Discussion in 'education & employment' started by Lord Camomile, Dec 18, 2017.

  1. Lord Camomile

    Lord Camomile Lemonade socialist

    We run various collections in our office - leaving gifts, charity, etc - and people often ask about an online option.

    Are there any obvious candidates?

    From what I can tell most, like PayPal, JustGiving or GoFundMe, take a cut for providing the service, which is fair enough I suppose but doesn't really seem fit for our purpose, given the context and relatively small amounts.

    Is there any sense to opening a 'donation' bank account that people can transfer into? Obviously requires them to trust those operating it! Also might be more hassle than it's worth... :hmm:
  2. salem

    salem Well-Known Member

    IIRC sending money as a 'gift' with PayPal is free of fees.
    UnderAnOpenSky likes this.
  3. Thimble Queen

    Thimble Queen Sparkly cat whisperer

    As long as you are sending in the same currency. And if you receive large amounts paypal may freeze the account and give you a load of ball ache... which can be sorted but still... the can also tax implications... I think the limit on paypal you can recieve as a gift is around £1700 annually.
  4. Lord Camomile

    Lord Camomile Lemonade socialist

    Been looking into PayPal a bit more; they also have Moneypool and PayPal.Me but the explanations available are still a little brief/vague.
  5. iamwithnail

    iamwithnail Well-Known Member

    Gocardless is very good for stuff like this, ime. Their fees are lower than paypal's commercial ones (1% versus 3.4% - obviously this is still more than the free 'gift' paypal one!) and you can send people a paylink for one off collections (Bob's leaving do) or set up a monthly DD for, e.g. for tea and coffee. It's pretty easy to set up. If you're collecting 20 quid or whatever a month for the tea kitty, the fees will only be 20p. (Also - paypal are massive tossers, and were set up by the awful Peter Thiel, if such things matter. I prefer to swerve them when I can as a result.)
    Bahnhof Strasse likes this.
  6. Lord Camomile

    Lord Camomile Lemonade socialist

    Such things do matter. What's the issue with 'em?
  7. iamwithnail

    iamwithnail Well-Known Member

    Sexual harassment allegations, killed Gawker, also owns Palantir, a company that makes spy software for American and Israeli defence companies. He's one of those 'if it's undesirable there wouldn't be money in it' kind of douchebags.
  8. extra dry

    extra dry Happy to be here

    They steal money, kill people, spy on people and did I say SPAM mail, from one transaction 10 yrs ago.
    iamwithnail likes this.
  9. extra dry

    extra dry Happy to be here

    Did the idea of a co-op fund/payout account come up?
  10. Lord Camomile

    Lord Camomile Lemonade socialist

    Fuck's sake... :(

    There haven't really been any discussions, just something I've been musing on after comments from colleagues. Not familiar with a co-op fund/payout account?

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