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Paypal for online donations

Dear All, could you please help me understand the pros and cons of using Paypal to accept online donations as a sole method of payment?
GVEP is a small international (UK registered) charity and we expect a very low volume of donations. We currently do not have any fundraising system in place, so we would rely solely on Paypal or similar.

Any thoughts are welcome.

Many thanks
Regards
Alessandra

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