Your guests will be able
to easily contribute money to your Cash Gift Fund online using a credit card or
their PayPal account.
MyRegistry.com does not
charge members any fees to open or maintain a cash gift account. PayPal charges
a transaction fee each time monies are transferred into your cash gift account .
Outside of the PayPal transaction fee, there are no additional fees to the Cash
Gift Fund owner.
PayPal’s transaction fees for a U.S. Account is 2.9% +$0.30 per transaction (i.e.
$3.20 for a $100 contribution to your cash gift account). This fee will be deducted
from the amount contributed on each transaction.
In order to comply with
PayPal’s security provisions, contributions to your Cash Gift Fund will be held
for five business days before transferring monies to your PayPal account.
To activate your Cash
Gift Fund, login to your account and click the link Activate Cash Gift Fund
under the Manage Registry tab.
You will then receive an email to verify your PayPal account. Once you have verified
your PayPal email, your Cash Gift Fund will display on your gift list for guests
to contribute.