What online payment system is best for a Rotary e-club to receive club membership dues and accept member contributions to The Rotary Foundation?
It is essential that a new Rotary e-club establishes a financial structure that ensures the best utilization of club finances, effective cash flow management, fund-raising procedures, transparent accountability and legal and taxation obligations. An effective system enables the club to forecast the availability of funds for operational activities and projects as funds are required. There are numerous payment systems available for receiving payments. PayPal is a good option for a small start-up Rotary e-club because it is very simple, and credit cards are accepted with no requirement for the credit card user to have a PayPal account. PayPal payment records provide up-to-date revenue data.
