Paypal launches in­clu­sion grant scheme

Fingal Independent - - NEWS -

FIN­GAL-BASED multi­na­tional Paypal is launch­ing its an­nual Fi­nan­cial In­clu­sion Char­ity Grant Pro­gramme, with a to­tal prize fund of €13,500. The fund will be awarded to three Ir­ish char­i­ties as part of Paypal’s com­mit­ment to help peo­ple and busi­nesses that strug­gle to ac­cess se­cure and af­ford­able fi­nan­cial ser­vices. The suc­cess­ful char­ity ap­pli­cants will be awarded bur­saries val­ued at €8,000, €4,000 and €1,500 re­spec­tively.

Paypal’s ini­tia­tive seeks to break down fi­nan­cial bar­ri­ers for in­di­vid­u­als and busi­nesses. The funds aim to as­sist peo­ple with poor credit his­to­ries or fine mo­tor skill chal­lenges, as well as start-ups and small busi­nesses that strug­gle to se­cure af­ford­able fi­nan­cial ser­vices.

Pre­vi­ous ben­e­fi­cia­ries of Paypal’s Fi­nan­cial In­clu­sion Char­ity Grant Pro­gramme in­clude Ju­nior Achieve­ment Ire­land and Young So­cial In­no­va­tors. Ju­nior Achieve­ment Ire­land en­cour­ages young peo­ple to re­main in ed­u­ca­tion, while help­ing them to de­velop the skills they need to suc­ceed in a rapidly chang­ing world. Young So­cial In­no­va­tors, mean­while, en­cour­ages young peo­ple to use their cre­ativ­ity to tackle so­cial is­sues and equip them­selves with the tools re­quired for mod­ern life.

Maeve Dor­man, Paypal’s Vice Pres­i­dent of Mer­chant Op­er­a­tions in Europe, Mid­dle East and Africa, said: ‘Poor ac­cess to ba­sic fi­nan­cial ser­vices is still a sig­nif­i­cant is­sue in Ire­land, which we’re de­ter­mined to tackle. By sup­port­ing lo­cal char­i­ties across the coun­try, we hope to have a pos­i­tive im­pact on the lives of peo­ple who feel ex­cluded from tra­di­tional fi­nan­cial ser­vices.’

Ms Dor­man added: ‘Paypal har­nesses tech­nol­ogy to en­able peo­ple to move and man­age money in fast, more se­cure and more af­ford­able ways. We be­lieve ev­ery­one should ben­e­fit from the ad­vances be­ing made in fi­nan­cial ser­vices and tech­nol­ogy.

‘ That’s why fi­nan­cial in­clu­sion is cen­tral to our vi­sion for the fu­ture of money, and why we cre­ated the Fi­nan­cial In­clu­sion Char­ity Grant Pro­gramme in Ire­land.’

Ap­pli­ca­tions are now open to reg­is­tered Ir­ish char­i­ties, and must be re­ceived by 13th Oc­to­ber. For fur­ther in­for­ma­tion and an ap­pli­ca­tion form, con­tact giveire­land@paypal.com. The terms of the grant pro­gramme are out­lined in the nom­i­na­tion form.

Fu­elled by a be­lief that hav­ing ac­cess to fi­nan­cial ser­vices cre­ates op­por­tu­nity, Paypal says it is com­mit­ted to democratis­ing fi­nan­cial ser­vices and em­pow­er­ing peo­ple and busi­nesses to join and thrive in the global econ­omy.

Its open dig­i­tal pay­ments plat­form gives Paypal’s 210 mil­lion ac­tive ac­count hold­ers the con­fi­dence to con­nect and trans­act in new ways, whether they are on­line, on a mo­bile de­vice, in an app, or in per­son.

The Paypal plat­form is avail­able in more than 200 mar­kets around the world,

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