There are 3 main steps involved in setting up and getting your PayPal account verified and approved. There are:
Part 1: Set up of your PayPal account online
Part 2: Verify your PayPal account
Part 3: Request approval for your discounted Not-For-Profit commission rates
These steps are described in the overview sections below. This will guide you through each part
STEP 1 – SET UP YOUR PAYPAL ACCOUNT
Step 1: Browse to the www.PayPal.co.uk website and click the ‘Sign Up’ button
Step 2: Choose the ‘Business Account’ option
Step 3: Enter your email address
Step 4: Enter you club details
Step 5: Choose the type of account you want to set up
Step 6: Enter the details of the person registering the account
Step 7: Answer the remaining questions
Step 8: Enter your name and submit the application
YOUR PAYPAL ACCOUNT IS NOW SETUP AND READY FOR LINKING TO YOUR BANK ACCOUNT
Part 2: Verifying your PayPal account.
You can verify your PayPal account by linking your PayPal account with your bank account
Step 1: Browse to the www.PayPal.co.uk website and login. Then click the My Account button and select ‘Business Set-up’ menu item.
Step 2: Click on the ‘Account set-up’ button and then click on ‘Link your bank account’ menu
Step 3: Enter your bank details and click the ‘Add bank account’ button
PayPal will do a ‘penny test’ to verify the account. They will transfer 1p from your bank account to your PayPal account. You will then need to enter the reference number of the transaction on your bank statement to verify the account.
Part 3: Apply for reduced Not-For-Profit commission rates.
Sports clubs can apply for PayPal’s reduced Not-For-Profit rates using their Community Amateur Sports Club (CASC) status.
You can either call PayPal directly and request this and forward on the requested details or you can send an email of to compliancedd@paypal.co.uk . See a sample format for the email below
-------------------------------------------------------------------------------------------------------------------------------------
Hi,
I would like to apply for charity rates for [Your Club Name]
We are an amateur sports club based in [Your Location]
Our Community Amateur Sports Club (CASC) registration is CH #####
Also attached is our governing constitution.
Please let me know what other documentation that we need to provide.
Kind Regards,
[Your Name]