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What type of account is most suitable for a non profit club? We need to be able to receive payments for club activities such as memberships and race entry fees. We need to be able to accept credit cards as well as e transfers.
I would suggest you open a business account in the Club's name using the treasurer or club administrator as the contact person on the account. You can sign up here https://www.paypal.com/ca/business/get-paid. In the link you will find details of the products of offer and how to receive payments During the sign-up process you have an option to identify the business as a non-profit organization.