Hello,
I am trying to set up a means to receive online donations for a large, nonprofit that is headquartered in South Africa and well-established (over 2 decades in the area of poverty relief) -- funds need to be received from both: (1) inside the country/domestic and (2) outside the country/international.
For #1, does PayPal allow payment in the South African Rand currency using credit cards, debit/check cards, and bank accounts? This is huge for us as currently, we get the vast amount of donations from within South Africa. If so, is there an additional transaction rate/cost associated with this service? Also, what types of credit cards are accepted (Visa, Diners, Mastercard)?
For #2, does PayPal allow for payments in other currencies (in particular we get donations in USD, British Sterling, and Euros) but to be deposited into a South African bank account? I think I read somewhere that you work exclusively with First National Bank in South Africa (FNB) -- is that true? Also, if you do allow for foreign currency depositing/withdraw of funds in/from a South African bank account, is there an additional transaction rate/cost associated with this service?
Thank you.
