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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    MoneyMinder

    Score8 out of 10
    N/AMoneyMinder Treasurer software, from the company of the same name in Bellingham, is a web-based software for volunteer run nonprofits. They state they provide treasurers information, resources & solutions to help nonprofits be more effective & efficient in managing their group's money.N/A

    PayPal Payments Pro

    Score8.6 out of 10
    N/APayPal Payments Pro is an enterprise-class ecommerce payment solution, that provides payment processing security to build a professional-grade ecommerce site. It can be configured to meet business needs and works across devices. Users can tap into over 390 million active customer accounts around the globe.

    $0.02

    per transaction

    Pricing
    MoneyMinderPayPal Payments Pro
    Editions & Modules
    No answers on this topic
    QR code Transactions
    1.90% + fixed fee
    per transaction
    Charity Transactions
    2.20% + fixed fee
    per transaction
    Commercial Transactions - In-Store
    2.70% + fixed fee
    per transaction
    Commercial Transactions - Online
    2.90% + fixed fee
    per transaction
    PayPal's pay later offers
    2.90% + fixed fee
    per transaction
    Venmo
    2.90% + fixed fee
    per transaction
    Offerings
    Pricing Offerings
    MoneyMinderPayPal Payments Pro
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    MoneyMinderPayPal Payments Pro
    Considered Both Products
    MoneyMinder
    No answer on this topic
    PayPal
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    85%
    Would buy again
    34 Answers
    Delivers good value for the price
    No answers on this topic
    90%
    Delivers good value for the price
    36 Answers
    Happy with the feature set
    No answers on this topic
    90%
    Happy with the feature set
    36 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    89%
    Lived up to sales and marketing promises
    33 Answers
    Implementation went as expected
    No answers on this topic
    95%
    Implementation went as expected
    35 Answers
    Best Alternatives
    MoneyMinderPayPal Payments Pro
    Small Businesses
    MIP Fund Accounting
    Score8.8 out of 10
    Apple Pay
    Score9.1 out of 10
    Medium-sized Companies
    MIP Fund Accounting
    Score8.8 out of 10
    Payoneer
    Score8 out of 10
    Enterprises
    No answers on this topic
    Checkout.com
    Score10 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    MoneyMinderPayPal Payments Pro
    Likelihood to Recommend
    8.0
    (1 ratings)
    8.2
    (72 ratings)
    Support Rating
    -
    (0 ratings)
    2.3
    (9 ratings)
    User Testimonials
    MoneyMinderPayPal Payments Pro
    Likelihood to Recommend
    MoneyMinder
    Our role as treasurer changes every year, so having a tool that is so easy to use and has such great technical support will make the process of transitioning so much easier. Additionally, I am much more confident that the records are accurate. Live Chat is very helpful. Technical concerns and business options for how to best use MoneyMinder can be addressed by the support staff.
    Incentivized
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    PayPal
    Paypal is great for personal payments as well as business payments for ecommerce of for paying monthly memberships. It is a user friendly software that needs little expertise to get used to. For larger payments, the fees become high therefore it is more suitable for payments of upto few hundred dollars.
    Read full review
    Pros
    MoneyMinder
    • With no previous experience, make board transitions seamless and books transparent.
    • Integrate banking transactions, reconcile bank accounts, create budgets, track members/volunteers/donors, generate reports, store documents, and calculate 990EZ & 1099 totals.
    • Group treasurers can manage all their finances for one low fee per year.
    Incentivized
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    PayPal
    • PayPal offers me the option of converting my currency deposited in my account to another currency, so I can complete all kinds of payments and send money to employees who are in another country for business reasons.
    • The mobile phone application is too fast, I can make payments to my employees in a matter of seconds without having to wait for the web version to load.
    • Scheduled payments are great. PayPal allows me to add a list of contacts to my PayPal Business account, and after adding the contacts, I can schedule payments for a specific day and time. It's easier to make automated payroll payments with PayPal.
    Incentivized
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    Cons
    MoneyMinder
    • The set-up was a bit confusing until I figured out I could match the budget to the categories.
    • I was intimidated by the idea of having to learn how to use a software program to fulfill my duties.
    • "All I dislike about the budget tool is the graphic interface. I find the indentations of the categories, subcategories, etc. to be hard to read."
    Incentivized
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    PayPal
    • Sometimes the UX flow would not deliver the customer back to our site, leaving orders in limbo "Pre-approved" status. The customer would call days later asking why we hadn't shipped it.
    • The PayPal logo on the checkout page can be kind of large and obtrusive.
    • They mention new features and programs on their login page, but it's hard to find any details on them deeper in the software.
    Incentivized
    Read full review
    Support Rating
    MoneyMinder
    No answers on this topic
    PayPal
    Customer service representatives were unable to explain why customer in Australia were unable to make payments using our link. It turned out that customers in Australia must create an account. PayPal's user interface did not reveal this to our customers in Australia. There was plenty about this issue appearing in online forums and PayPal customer service couldn't explain this. This change in PayPal's usability happened between April and May of 2021 and was done without notice to vendors (like us).
    Incentivized
    Read full review
    Alternatives Considered
    MoneyMinder
    When we switched Treasurers, there was a lack of consistency in how records were managed, and historical funds were misplaced. I could go on, but in a nutshell, it was a nightmare for records. Quickbooks is more difficult to understand and use. I also based in on reviews from other users compared to how they liked this software versus the other.
    Incentivized
    Read full review
    PayPal
    I don't think there's really any competition here. There's Venmo (also owned by PayPal) who is now offering business accounts, but it still isn't quite the same. The closest thing in terms of ease of use would be Apple Pay or Google Pay (and there are a handful of others out there, but we offer Apple and Google Pay). As a business, I prefer Apple or Google Pay to PayPal Payments, but we offer either Google or Apple Pay, PayPal, and credit card options and PayPal is always right up there with credit cards. I don't foresee us ever getting rid of PayPal Payments as an option, but we do try to only offer it on request for higher ticket items or high dollar installment purchases.
    Incentivized
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    Return on Investment
    MoneyMinder
    • It's designed for HOAs or POAs like ours without requiring a large upfront expenditure.
    • Ability to enter and pull data from the system with ease.
    • I received complete assistance in setting up the system using a spreadsheet I provided, as well as some minor customization.
    Incentivized
    Read full review
    PayPal
    • Our daily revenue has been increased when started PayPal Payments as the payment gateway.
    • Refund rate and recurring revenue is stable and disputes are handled properly.
    • Forex Fluctuations is controlled and solved the buying experience for few users.
    • Solved problem for different currencies and retained our users.
    Incentivized
    Read full review
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