Venmo/Paypal with Blackbaud Checkout

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We have used Luminate since 2006 - when it was Convio. Is there anyone out there who has as well and have used PayPal for many years? We are looking at activating Venmo/Paypal with Blackbaud Checkout, but are concerned about doing negative harm to our existing set up.

We actually have 9 different PayPal accounts which was an integration that Convio/PayPal set up a very long time ago. There is one primary (parent) PayPal account and the other 8 are considered child accounts. As PayPal transactions via a Luminate process, they go through the specific account that was selected when setting up the form. Each PayPal account reflects the specific transactions, but the actual funds are swept into the parent account from the child accounts. The only bank account connected to PayPal is on the parent account, so those are the funds that are deposited into our bank.

If we change to Venmo/Paypal with Blackbaud Checkout, our concern is that it will make reconciliation for Finance more challenging. It could be that it makes it easier, but would really appreciate some more feedback. BBMS support said: "PayPal transactions are processed through the PayPal account connected to the BBMS account that the form is using." So, they didn't think it would be swept into the parent account anymore.

But I'm thinking the “sweeping” of funds from the child account to the parent account happens at the PayPal level, so wouldn't be impacted.

I would really appreciate feedback from anyone who has made this transition.

Thank you in advance!

Alicia

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