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If you are going to invest time to innovate your PTA payment system, you want to make sure it sticks for years to come.
![venmo receipts venmo receipts](https://www.paypalobjects.com/webstatic/en_US/accountsetup/Venmo_3.jpg)
Make CERTAIN that you can easily transfer your account to incoming PTA board members. This saves volunteers hours, eliminates data entry and spreadsheet jockeying. Look for robust, easy-to-use and dynamic payment and information tracking-that you can view online or download. Find a platform that lets you collect unlimited payments and forms. PTAs typically need to collect more than just payments (such as T-shirt size, contact information, etc.).
#Venmo receipts download
Parents should NOT need to create an account or download a mobile app to pay. Look for a platform that lets your community click and pay.
#Venmo receipts free
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While it can vary by user, Venmo (and similar platforms) limit how much money you can collect within a certain time period. Plus, parents are always asking for a receipt!
#Venmo receipts license
In fact, it’s a requirement that, if not met, could result in your 501c3 license being revoked. Collecting and tracking that level of detail on Venmo is just not possible.Įmail tax receipts are a big deal for PTAs and nonprofits. You need to know who paid, how much, for what-you may even need to collect form information. Most PTA initiatives involve collecting more than just payment.
![venmo receipts venmo receipts](https://cdn.shopify.com/s/files/1/2161/7289/articles/receipt-organzation_973590a1-a7d4-4a66-8509-42b5ef915b26_2048x.png)
While they’re great for paying a friend or making a Facebook Marketplace purchase, they are NOT great for PTA payments and here’s why:Īnd because of that, it’s possible to have funds frozen if the platform is used in an unapproved way. P2P payment platforms, also known as “peer-to-peer” payment platforms, like Venmo, are typically used to get money from one individual to another (from point A to point B). Top 3 reasons why your PTA should avoid P2P payment platformsįirst off, what’s a P2P payment platform? The graphic below gives a quick snapshot of the payment platform landscape.