Merchant Accounts for Non Profit Organizations

Once a non-profit organization has made the decision to accept credit cards, they usually have two choices in order to set up processing options. Firstly, they could set up a payment processing scheme through a traditional merchant account provider . They would then have to use a third-party to manage their tax filing and online advertising. This is usually the simplest and cheapest option after the initial installation. It allows non-profit organizations to only pay for the necessary features it requires. The other option in this case is to use a processing solution that does it all. This may include payment processing, tax filling, billing etc. Although this option may result in higher rates it does save you time. The reason being that most of these kinds of providers use a preferred credit card processor . Therefore users cannot search for better rates if they are not completely satisfied by the contract. Due to their donation type model, non-profit organizations have a gen