Iv had some fundraising experience with charities - both in India and the UK.
The simplest method of accepting payment is tying up with an external party
such as http://www.justgiving.com/ (from experience - this is one of many that
specialise in online fundraising for charities in the UK). If the amount is
relatively small this makes sense, however for higher amounts we may as well
sign up with a merchant as that would be cheaper if we have volume. Rather than
requesting funds through NEFT (which is a better mode for payments such as
membership fee etc), for this you could opt for Net Banking or even cheques by
post!
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As for 80G, the more you run after it the more the babu will want from you. If
you put a bundle on the table, the certificate will be in your hand in days.
However, from experience I can tell you, if you dont bother about it - just
complete official formalities, the form will come by post to your office in due
course.
Kind Regards,
Date: Tue, 14 Jun 2011 06:22:03 +0530
From: ravidre...@gmail.com
To: wikimediaindia-l@lists.wikimedia.org
Subject: Re: [Wikimediaindia-l] Global Fund raising Support to Indian Currency
I think 80G is nice to have, but shouldnt stop us. Also we are not probably
looking at large scale(We would love if they come), but typically my
equivalents to 5 10 20 dollors would 250 500 1000 INR for which most would not
take trouble of getting receipts and eventually getting the benefit(Atleast the
folks who do online donations) since the tax benefit would be negligible.
+1
So my next question is without which are we eligible to collect donations
online, would just like to know the bureaucracy around it? I now know the
chapter can receive donations through NEFT[1].If we are good to go then the
next thing to work out would be a payment gateway / payments partner helping us
in giving options to various bank netbanking / credit/debit cards, ofcourse a
decent API. The more the merrier. Also if we could get some sponsorship/deal
from them in terms of the cut they take for transaction cost. People who have
experience with online payment solutions can add their inputs.
http://www.ccavenue.com/ works best for accepting payments online from various
netbanking accounts in India.
Thanks for the timely reminder and initiative on this, Srikanth.
Ravi
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