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Banking

Banking (Mercury Bank)

  • What is it? We use Mercury Bank as our bank to manage funds and donations outside of Open Collective. For example, those who post a job on our jobs board, payment for that goes through Stripe to process and then to our bank account.
  • Who has access? The board of directors all have access to this.
  • How does one get access? An email will be sent to the board of director to gain access to our team account.

Payments (PayPal)

  • What is it? We use PayPal as a payment distributor and at times to receive funds such as through Benevity Causes. On Open Collective, we use it to make payments as invoices or reimbursements.
  • Who has access? The board of directors all have access to this.
  • How does one get access? An email will be sent to the board of director to gain access to our team account.

Payment Processing (Stripe)

  • What is it? Stripe is a payment processing tool. We use it to process payments for our jobs board as well as for Open Collective.
  • Who has access? The board of directors all have access to this.
  • How does one get access? An email will be sent to the board of director to gain access to our team account.