If this is a one time deal and you're in charge and you already have a Personal PayPal Account, you could use your account to manage the event funds. Note, any type of PayPal Account requires a real name for the account owner, this applies to businesses, corporations, etc.
1. Yes, you have to use your real name. Note, Personal Accounts do reveal your name and email address, Business Accounts reveal only your business or organizations name and business email address (unless your business name is your real name).
2. Yes, there is transaction processing fee applied to the total amount of each transaction. The standard fee is 2.9% + $.30 which is deducted from the total amount and the remaining balance is deposited into your PayPal Account Balance.
3. Yes, you will have both the name and email address of the person who paid - this info will appear in the transaction details which will show in your account Activity section.
4. It's best to link and confirm both a bank account and credit card - yes, you can receive funds without doing so but, you may experience holds on receiving the money (from a day up to possibly 21 days) and you will have limits on both sending and withdrawing funds. As for withdrawing funds, if no bank account, you would need to request a paper check - there's a non-refundable fee for processing the check ($1.50), has to sent in the mail, has to go to a physical street address (no PO Boxes) and it can take up to 2 weeks to get. If you have a bank account linked, you can withdraw anytime and there's no fees.
5. There can only be 1 owner of the account regardless of the type. If you have a Business Account, you can add additional users and grant specific permissions to those users.
6. As for options for people to send you money -
* If the sender has a PayPal Account, all they need is your account email address to send you funds. Fees may apply depending on the option chosen (like Goods and Services) or the funding source the sender uses (like a credit card).
* If you are using a Personal Account, you can send an invoice, you can send an email link with a Buy Now URL, you can setup a web page with a Buy Now button or Add to Cart whereas the people can pay. You can also set up a PayPal.ME link and share that with your group, using this method, the senders would be required to have a PayPal Account. For these options the people will have the option to Pay as Guest with a credit card or open or use their PayPal Account. For and of these options, you would be charged the standard transaction processing fee. You can do similar actions with a Business Account plus there's also the PayPal Here option. Last, PayPal has a product called Money Pool - something to also look into.
Personally, setting up a web page with a Buy Now item button would work fine - this way you one place to go for all, no need to send out 50 emails or offer multiple options. Everyone goes to the same place, completes the checkout where they can pay as a guest or their PayPal Account. You get the money and info you need - it's really straight forward.
Hope that answers some of your questions.
