For a nonprofit, every donation counts. That’s why it is crucial to provide the public with the most convenient ways of making contributions. Thus, if your organization is still not accepting credit card payments, it is about time to fix it. This comprehensive guide has all the information you need to get started with credit card processing for nonprofits, including an overview of its benefits and useful tools for implementing it.
In the US alone, credit and debit cards are the preferred payment method for over half of the population, with 27% and 28% of active users, respectively. Therefore, it is no surprise that when it comes to both one-time and recurring donations, credit cards are often the channel of choice for a large number of people. This is great news for nonprofits, as there are plenty of benefits that come along with credit card payments:
As you can see, the benefits are plenty. Below, you will find practical steps for a stress-free credit card processing integration for online and offline nonprofit organizations.
The right credit card processing solution can help your nonprofit increase revenue and speed up the achievement of your fundraising goals. Depending on the organizational structure, there are three approaches to introducing this technology:
In-Person
Credit card acceptance for in-person donations is often required at charity events or fundraiser booths. In such cases, a POS terminal offers low-cost credit card processing for nonprofits to power the collection of funds. Keep in mind that if you wish to optimize your reconciliation tasks, opt for a payment system that synchronizes in-person transactions and online donations.
Mobile
Mobile credit card processing for nonprofits should definitely be a part of your organization’s strategy. A mobile app supported by both iOS and Android devices will enable you to collect valuable data and attract additional donors. Add a mobile swiper for an even more convenient donation experience for the contributors.
Online
Online credit card processing for nonprofits is a must, especially for organizations that are planning on scaling up.
A branded website is a great promotional platform that enables 24/7 donations. Featuring PCI-compliant donation forms on your site will enable contributors to support your cause once or on a recurring basis via their preferred device, be it a smartphone, tablet, or PC.
There are many credit card processing companies for nonprofits out there, so it is vital to select the right service provider.
What are the main characteristics to look out for in a credit card processing solution for nonprofits? Here are the key criteria to keep in mind:
The combination of all these factors in a credit card processor may seem to be hard to find. Fortunately, Payneteasy features all of the mentioned benefits and even more! Read ahead to discover all the opportunities our credit card processing solution for nonprofits unlocks.
Since 2006, Payneteasy has been successfully providing smart payment solutions to banks, PSPs, financial institutions, and nonprofit organizations.
Our credit card processing solutions for nonprofits include:
Our team of experts knows exactly how to tailor a tech solution to match your nonprofit organization’s needs. Here are some of the advantages you are to receive when collaborating with us:
The Payneteasy team is looking forward to hearing from you. Submit your request already now, and we will get back to you with a custom offer within one workday!
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Commentaries 2
Mike T.
Hello, I volunteer for a number of charity nonprofits, and I’d like to know if the transactions are fully protected from intrusions — it’s very important in our case.
Best regards, Mike T.
Boaz Gam
Hello Mike and thank you for the question!
As for the donations, yes — they are fully protected with the PCI DSS standard. In simple terms, it’s a bunch of advanced security rules and algorithms, which prevent data leakages, such as the info on payments.
It’s understandable that donors may want to hide their personas in some cases. So, donation anonymity can be guaranteed, as long as the organizations sticks to the guides and rules of the standard, applying the right processing tools.
Apart from anonymity, our solution can also offer recurring billing, payments via cards, and other handy services.