What's New In Raiser's Edge NXT - March 15th

Kimberly Coughlin
Kimberly Coughlin
Tenth Anniversary Kudos 5 Name Dropper Participant
in Raiser's Edge NXT Blog
This week, Raiser's Edge NXT announces that Venmo is available for select customers in the United States.

Venmo is now available as a payment method to organizations that had an active Blackbaud Merchant Services — PayPal integration set up prior to mid February 2022.

When PayPal integration is enabled, the Venmo payment method automatically displays as a one-time gift payment option on forms that use Blackbaud Checkout.

In Blackbaud Checkout, Venmo offers:

  • Standard OneRATE (2.8% + $0.26) for Venmo transactions

  • Support for one-time gifts in US dollars

  • Funds disbursement by PayPal to your organization’s PayPal Business account

Note: On gift records, in reports, and in batches, Venmo transactions show as PayPal in the Payment method field. To view and reconcile Venmo and PayPal transactions, and to view disbursements, log into your PayPal Business account.

In future releases, we'll also make Venmo available to organizations that create new PayPal integrations with Blackbaud Merchant Services. To create an integration, follow the steps in the PayPal Integration Setup Guide.

Categories