Alumni.Fund empowers groups everywhere to accept donations or payments with a single click. Our clients are excited about accepting payments at events without the hassle of setting up merchant accounts or managing multiple payment options. We handle all the heavy lifting and let groups like yours accept PayPal, Venmo or credit cards (coming soon: bitcoin, Square Cash and more) — all you have to do is tell us which bank or PayPal account to send it to.
How It Works
- Create content for your site - a News Update, Page or Activity (or use existing content)
- While editing that content, check the box to enable Alumni.Fund
- Voila! - a link will be automatically generated for you (which you can customize); go to that link and you're ready to start accepting payments!
We recommend emailing the link out before events and including it in social media messaging for whatever cause or merchandise you are collecting funds.
As you collect payments, you'll see a chart below the checkbox from step 3 showing how much money you received each day. On the 1st and 15th of every month (or the nearest business day), we'll send you a PayPal transfer for ACH transfer to your checking account and email you a detailed spreadsheet with who paid you, when they did it and how it was processed.
How Much Does It Cost?
There is no upfront cost to use Alumni.Fund and no recurring fees. We collect 5% of each payment received which is used to fund credit card processing fees, the technical infrastructure for processing payments and transfer fees to get it to your account.
Is it secure?
Most technology professionals will tell you that no system is unhackable, but we have gone to great lengths to ensure client data security and have multiple layers of application security in place to prevent and respond to unauthorized system access. We have systems in place limiting disk-write capabilities to whitelisted sources, regularly scanning all database content and source code for malicious scripts and restricting admin access to individuals with two factor authentication. Our hosting provider regularly performs internal and external vulnerability scanning, external penetration tests and 3rd party auditing of security measures to ensure SAS 70 Type II examination. All of this adds up to our regularly maintained PCI certification (PCI-SAQ-D HYBRID) which attests to the high level of seriousness we apply to security.