I was reading through Simon’s Money Notes the other day and noticed a widget (right) that caught my eye. It is a ChipIn widget which he is using to raise funds for a John Chow review.
People can contribute via PayPal or any major credit card. Funds contributed are paid out via PayPal, direct deposit or cheque. PayPal seems to be the best option as funds are transferred as they are received.
If you are collecting money for a particular cause using a Buy Me A Beer Plugin/PayPal Donation Button, ChipIn may work a whole lot better. If you are trying to raise or planning on raising funds for something give ChipIn a try.