These details are also logged administratively, and will be visible within your PayPal account. These transactions are associated with both a Deposit Account and a Payment Account, and they have a payment type of "PayPal."īecause Slate logs the transactions in a similar manner to Slate Payments, these PayPal/Venmo transactions can be queried on, with the results exported to other offices on campus for the purpose of reconciliation.
Like other Slate Payments, the details for PayPal/Venmo transactions can be seen on both an individual record and in the Payment History section of Slate. This information can be uploaded using this link. To receive the nonprofit rate, institutions must upload their exemption letter to their PayPal account, along with a voided check and/or bank statement. They offer a discounted rate for 501(c)(3) nonprofits of 1.99% + $0.49 for each transaction and have a team that can assist in the onboarding process. PayPal charges a standard rate of 2.49% + $0.49 for each payment. A message appears to show that the payment has been authorized. Finalize the transaction in Venmo and return to the form.The Venmo app opens and applies the payment amount. Open the form on the mobile device (Safari for iOS or Google Chrome for Android).With the PayPal account connected, PayPal/Venmo can be enabled as a payment processor on any form that uses the embedded payment widget. Multiple PayPal/Venmo accounts can be created and either associated with their own connected PayPal accounts or with the same connected account. Once the account is connected to PayPal, the PayPal/Venmo processing options are available in the form payment widget, along with Slate Payments. The account will be connected with a unique ID.
After completing the PayPal connection procedure, return to Slate and click into the PayPal account previously created. Enter your institution's PayPal login credentials or follow the prompts to create a new account.ĩ. From the Paypal/Venmo Accounts page, click the name of the account just entered. Email to use for notifications: Provide the email address of the person or office to receive notifications pertaining to this account.Ħ.Memo: Provide a description of the account to use as an internal reference,.Deposit Account Name: Provide the internal (Slate) name of the account associated with your PayPal account.The Paypal/Venmo Accounts page appears.ģ. Click the PayPal/Venmo Accounts link on the right side of the page. The Slate Payments Deposit Accounts page appears.Ģ. Select Database on the Slate navigation bar and click the Slate Payments Deposit Accounts link in the Configurations section. Note: Venmo is owned by PayPal, so your institution only needs one set of account credentials (PayPal).ġ. To create a PayPal/Venmo deposit account in Slate and connect it to your institution's PayPal account. The PayPal/Venmo capability can be used with or without using the Slate Payments method. To accept these types of payments, the institution must have an existing PayPal account, or one must be established during the setup process. These types of payment methods can be configured to be the only option in a Payment widget, or they can be configured to work along with Slate Payments. PayPal and Venmo can be enabled as acceptable payment methods in the standard Payment widget used in forms. Note: Changes to configuration keys may take up to 15 minutes to appear across all web nodes. In the Database Configuration section, select Early Access Features.In the Configurations section, select Configuration Keys.Select Database on the Slate navigation bar.The PayPal/Venmo feature is an early release feature and is not yet a default for all provisioned instances of Slate.
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