What comes to your mind when you hear the term (if you don’t know the meaning of course), non profit credit card processing could be rather different than what it actually means. In essence though, non profit credit card processing is another way of saying credit card processing for non profit organizations.
With each and every industry making its way to integrate their business process with technology in order to achieve efficiency and greater effectiveness in serving their customers and enhancing the business, non profit organizations too have looked in to this aspect. That is why non profit credit card processing has come in to being.
What non profit credit card processing essentially means is the ability to perform transactions such as donating, granting bills, loans and grants over the internet. In order to perform the latter, a non profit organization should facilitate non profit credit card processing for its donor base. Since merchant account and one’s own credit card processing gateways could be quite costly and carries greater responsibility in terms of information security, the easiest way for non profit organizations to facilitate this requirement is through non profit credit card processing agents such as paypal.
Once a non profit credit card processing service such as paypal is integrated to the non profit organization’s website, donors and interested parties could simply use the gateway provided on that website to make their donations. What better way is there to deal with money than to use credit cards?
Other features of non profit credit card processing include the ability to customize the service according to one’s need. For example, if the service is sought for a few months while a particular fund raising event is taking place, non profit credit card processing service providers will simply charge you only for the said period. Like wise, if you require their services for a prolonged period of time, you will be
provided with the service on long term basis.
You are also entitled to receive details reports on each of your clients as required.
These reports will usually show statistics of how often the client has contributed to your organization and shows you a history of transactions.
With high end features such as automated password management, non profit credit card processing service providers make life easier for everyone involved. And the fact that non profit credit card processing service providers allow users to use the payment gateway right there on the organizations website, really helps business integrity of the organization while securing the sense of safety of the users.
Remember…always keep up to date with merchant account fraud and credit card fraud education! Please see the following to help advise about credit card fraud and merchant account fraud and how you can avoid the issue:
PCI | FBI | FTC | Stop Fraud .gov | HG | USA.gov | DOJ | SS | FFIEC | CSOS
Contact us anytime with your merchant processing questions.
