Receiving Payments Online Learn how to accept registration fees online, see who pays you and withdraw money 1
Jan 13, 2015
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Receiving Payments Online
Learn how to accept registration fees online, see who pays you and withdraw
money
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Why choose online payments instead of checks?
vs.
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People Have a Payment Choice
OR
StadiumRoar accommodates online payments, however, also lets people register for programs without paying online; for instance, you can collect their registration info online (name, email, etc) and they can send you a check at a separate time
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It’s NOT all or nothingIf you link a PayPal account to your StadiumRoar site, it does NOT mean all your programs must be paid online; it simply means you can accept online payments for the programs you choose
We recommend you always have a PayPal account linked to your site so that your organization has the option of collecting online payments for programs
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So, you’re ready to collect payments online – now what?
STEP 1 – Link a PayPal account to your StadiumRoar site so you can collect credit card payments online
STEP 2 – Enter fees for your programs
STEP 3 – Have people pay you fees online with credit cards and sit back and collect the money
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Linking a PayPal Account to Your StadiumRoar Site
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Link a PayPal Account: Click “UPDATE” on the Online Registration Main Menu to link a PayPal account to your StadiumRoar website so you can start securely collecting registration fees online.
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Already have a PayPal account?
If so, simply enter the email address for your account into this box and click UPDATE. That’s it! As people register and pay online, money will instantly be deposited into your account.
Don’t have a PayPal account?
No problem! You can get a free one in just a few moments. Follow the simple steps on the next few slides to learn how.
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START Visit PayPal.com
Open the “Business” tab at the top of the page
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Click Products & Services to view the drop down menu. Click Website Payments Standard in the drop down menu.
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Click the SIGN UP button
Click Create New Account
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Under “Choose a business type”, select the type that best fits your organization; it is OK if your organization is not a perfect match to any options; pick the one that works best.
Fill out the fields with your personal information.
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Don’t be alarmed by fields that don’t quite fit your department. Enter info to the best of your ability. If you can’t find the right selection in a drop down, choose to the best of your ability.
Once you’ve filled in all fields, click “Agree and Continue” and you’re almost done!
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Check your e-mail and open the email from [email protected]. In the body of the email you’ll see a link that says “activate”; click it. This will take you back to PayPal to enter your password.
Enter your passwordand click “LOGIN”.
Congratulations! You’ve signed up for PayPal and you’re that much closer to collecting payment on StadiumRoar. The next step is to check your email to confirm your PayPal email address.
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YOU’RE DONE!!!
You will be taken to PayPal’s “My Account” tab where you can customize your PayPal account if you wish. You do NOT need to further customize your account to use StadiumRoar’s online registration software. Once you have your account, you are ready.
Everything on this page is NOT required in order for you to start collecting payments with StadiumRoar
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Link Your PayPal Account: Once you have a PayPal account, enter the email address of your account and click “UPDATE”
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Confirmation: You will see “Record update successfully” if you’ve inputted a valid account e-mail address. Click “OK” and then “BACK”.
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Editing Your Linked AccountIf you choose, you can remove or change the PayPal account you have linked to your StadiumRoar website. To do so, click the blue UPDATE link on your Online Registration Main Menu, edit the email address and click the green UPDATE button to save.
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Just You Need a PayPal AccountYou need to create a PayPal account in order to accept payments online through StadiumRoar
However, the people registering for your programs and sending you money do NOT need a PayPal account; they can simply pay you online with credit cards and money will be deposited into your PayPal account
REGISTRANTS YOU
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Entering Fees for Your Programs
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Enter Programs: Click “ENTER PROGRAMS” to enter the programs you would like people to register for online. These can be any type of a program or event you want; leagues, tournaments, camps, etc.
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Add Fees
If you want to accept registration fees for a program, add the dollar values for “per person” and “per team” rates on the “Enter Program” page
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Person Fees vs. Team Fees
Person Fee is the fee an individual person needs to pay in order sign up for a program
This is very useful for programs such as camps where individuals sign up
Team Fee is the fee a coach needs to pay in order to sign an entire team up for a program
This is very useful for programs such as leagues or tournaments where whole teams sign up in one step
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Having People Pay for Your Programs When They Register
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Fees Shown During Registration
When people visit your site and select the programs they want to sign up for, they will be shown your fees and asked to “Check out with PayPal”
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Paying Fees with Credit Cards People can safely pay fees
with credit cards (Visa, American Express, etc) on a secure PayPal page
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ConfirmationOnce people complete a transaction, they will be given a confirmation message for their records
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Money instantly gets deposited into your PayPal account
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Viewing and Managing Payments
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Click “VIEW PAYMENT RECORDS” to see who has paid online for your programs
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Click a program and then click “People” to see all of the people who paid or “Teams” to see all of the teams who paid
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See who attempted to pay online
See the date and time the transaction was attempted
See if the transaction was successfully completed
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Withdrawing Money
To withdraw money, visit PayPal.com and log into the account you linked your StadiumRoar website to
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Click “Withdraw”
Once you’re logged in, click the “Withdraw” tab and select a way to withdraw your money
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Giving Refunds
If someone suggests a refund, you can easily refund them with PayPal.
You however are in no way required to send refunds through PayPal. You can write a check, provide cash, etc.
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Refunding with PayPal
To refund with PayPal, visit PayPal.com and log into the account you linked your StadiumRoar website to
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Click “Issue Refund”Click the “Issue refund” button next to a participant’s name to issue the participant an instant refund
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Viewing Detailed Financial Reports
To view detailed financial reports, visit PayPal.com and log into the account you linked your StadiumRoar website to
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Click “History”Once you’re logged in, click the “History” button for access to detailed searching and reporting capabilities
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PayPal Transaction Costs
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People experience a small convenience fee when they pay you online
When people pay you online with a credit card, they are charged a very small convenience fee
You never have to worry about absorbing these fees; they are automatically added on top of the program cost you are charging
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Example
For instance, if you set a $100 cost for a program, you will receive $100 from each registrant; people will be charged slightly over $100 to account for the fee
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People Have a Payment Choice
OR
StadiumRoar accommodates online payments, however, also lets people register for programs without paying online; for instance, you can collect their registration info online (name, email, etc) and they can send you a check at a separate time
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Breakdown of fee
On each transaction, PayPal takes 2.9% of the program cost + 30 cents
StadiumRoar keeps an additional amount of about 1% of the program cost, which is used to maintain our software and pay out donations to sports-and-recreation programs (see the Go Paperless Fund section to learn more about these donations)
No fee is ever taken from you, but rather, the people registering
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ScenarioYou set a fee for Program ABC of $50.00
When people sign up for Program ABC, they will be paying $52.38
You will keep $50.00 and $2.38 will cover the transaction costs (PayPal collects $1.80 and StadiumRoar collects 58 cents)
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StadiumRoar’s convenience fees are LOW
~10%
~9%
~6.4%
~3.9%
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How will your participants feel about these costs?
These fees are called convenience fees for a reason; people enjoy the safety, accountability and ease of paying online as opposed to mailing or dropping off checks, and overwhelmingly do not mind paying an extra dollar or so.
PayPal currently has over 100 million members – that’s over 1/3 the population of the United States – that’s a lot of people who don’t mind convenience fees!
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Checks vs. Online Payment
Checks• Money takes multiple days to travel,
get deposited and finally confirmed; if a check is dropped off personally, driving and waiting in lines are additional burdens
• Checks often get lost or misplaced
• Accounting needs to be done manually with pen and paper or spreadsheets
• Checks, envelopes, printed forms, stamps and gas are all needed, which all carry their own monetary costs
Online Payment• Money is instantly transferred and
confirmation is instantly provided
• PayPal’s world-class security software protects all transactions
• PayPal’s world-class accounting software instantly records all details of transactions
• No physical material is needed at all
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Cutting down on the use of paper checks helps the environment and the parks your participants play sports in
Not to mention…
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Last but not least…
vs.
When people pay you online as opposed to with checks, it makes things much, much, much easier for you – so you should encourage people to pay you online