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Whether you're getting married, expecting a new baby, planning a housewarming party or throwing a birthday bash, cash gifts are always helpful. MyRegistry.com encourages you to set up a special fund just right for your occasion with our easy-to-create and -use Cash Gift Service.
Research shows that most people would really prefer to receive cash gifts, but social etiquette forbids them from asking. MyRegistry.com’s new Cash Gift Service creates a way for you to tastefully accept cash gifts by skipping over the awkwardness of asking outright. Set up your special cash gift fund with the name of your choice. (i.e. Our Honeymoon Fund, Our Baby College Fund, Our Dream Home Down Payment Fund, Back to School Fund, etc.). Your new fund will prominently appear on your registry along with your other gift choices.
Your cash fund with MyRegistry.com is designed to adapt to your continuously changing life. Open a fund for your Bridal Shower, Baby Shower or any other upcoming event, and then change it again for the next special occasion that follows or just put it on hold until the next time you need to use it. Start out with a Honeymoon Fund and then change it to a New Home Fund. MyRegistry.com’s flexible Cash Gift Service fits every need of your busy and ever-changing life.
Try our Cash Gift Service for any of your gift-giving occasions. Because your friends and family can contribute cash gifts in any denomination, your guests can easily participate on a level they feel comfortable. Maybe friends want to pitch in to buy that flat screen television for your new apartment, or that Bugaboo stroller that you've been wishing for. MyRegistry.com's convenient Cash Gift Service is ideal for group gifts, partial payment gifts, and large unique gifts that you want to purchase for yourself.
How does it work?
MyRegistry.com's patent-pending Cash Gift Service harnesses the power of PayPal to bring you the cash gifts you want. PayPal is an easy, secure and internationally-trusted way to send money from one person to another, and its services are available to anyone with an e-mail address. Recipients can connect their PayPal account to their bank account, transfer their balance or simply make payments from their PayPal account. Your special fund with PayPal is as good as getting cash!
Your guests can easily send you cash gifts in any denomination using their credit card or another PayPal account. MyRegistry.com does not charge any fees for setting up your special cash fund; however, PayPal’s low transaction fees will apply on monetary gifts sent to your account.
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What is PayPal?
PayPal is a secure and easy way to send money from one person to another that is available to anyone with an email address. Recipients can connect their PayPal account to their bank account, transfer their balance or just make payments from their PayPal account. Your special cash gift account with PayPal is as good as having cash!
What if I already have a PayPal account?
To set up a cash gift account at MyRegistry.com you can use your current PayPal account.
How do my guests contribute?
Sending money through PayPal to your special cash gift account can be done easily online using a credit card, a bank account or another PayPal account.
Fees?
Information for Cash Gift Owners
MyRegistry.com does not charge members any fees to open or maintain a special cash gift account. However, PayPal charges a low transaction fee each time monies are transferred into your cash gift account. The maximum transaction fee for a US member is 2.9% +$0.30 per transaction (i.e. $3.20 for a $100 contribution to your cash gift account). Outside of the PayPal transaction fee, there are no additional fees to the Cash Gift Fund owner. For international members, please see PayPal’s Terms and Conditions.
Information for Cash Gift Contributors
| To cover the costs involved in the Cash Gift service, MyRegistry.com assesses a handling fee to complete all Cash Gift Fund transactions. Once this fee has been processed, MyRegistry.com seamlessly redirects you to PayPal to complete your cash gift transaction. The MyRegistry.com handling fee will appear as a separate transaction on your monthly billing statement. |
| Cash Gift Amount |
Handling Fee |
| Up to $100 |
$3.95 |
| $100 to $200 |
$4.95 |
| $200 to $500 |
$5.95 |
| $500 to $1000 |
$6.95 |
| Cash Gift Handling Fee |
| As a courtesy to organizations and charities, MyRegistry.com will charge a flat handling fee of $2.00, regardless of the size of the cash gift. The minimum and maximum dollar amounts still apply for cash gifts made to organizations and charities. |
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