Is Paypal the way to go?

mct1

Registered User
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402
Just looking for some advice here. I'm organising a meeting for a professional organisation which has a bank account but no credit card. We're hoping to attract a good few delegates from the North, and given the state of Sterling just now, rather than take Sterling cheques, I was thinking of setting up a Paypal account for the organisation so they could pay through that into the bank account.

I already have a personal and a business Paypal account myself, but this would not be in my name but in the name of the organisation.

Is this a good idea? And would you forsee any problems? Is there a simple alternative that I've overlooked?

Many thanks
 
Their exchange rate is quite steep. 80p for €1 at the moment (86p official rate as of today)
 
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