Credit Card Processing for Non-Profits
Running a non-profit organization is never easy; it’s hard to have to run your business based off of charitable donations of one kind or another. Added fees and costs can make running a non-profit a very difficult thing indeed, and when it comes down to it, these kinds of organizations need to save as much money as they can in every area, even moreso than with for-profit ventures. These days, most people make donations via credit card, but the fees incurred through credit card processing can often eat up far too much of a non-profit’s revenue stream.
For non-profit organizations, there’s no easier way to make your credit card processing more streamlined and less expensive than by switching to Payment Depot. We have extremely competitive pricing and no hidden fees, which makes us an ideal choice for non-profits who value transparency and predictability. For example, let’s say that you raised $20,000 in a month. With many other credit card processing companies, your fees would be close to $900. That is a lot of hard work in fundraising that goes straight to fees. With a Payment Depot plan, however, the very same $20,000 could incur fees of only $450 – almost half off!
Non-profit organizations do great work all over the world, but they need all the help that they can get to continue doing so. Volunteer labor is important to most NPOs, but they still have to pay salaries, rent, and other day-to-day operational expenses to keep their important work going strong. This makes it very difficult to stay afloat in the event of down-times in fundraising, or even when faced with unexpected expenses. Furthermore, most people make their donations with the hope that most of it will reach those in need, rather than disappear into high administrative costs. Payment Depot understands this, and it’s a large part of why we decided to create a company that offers some of the most affordable credit card processing rates in the world. Our yearly subscription fees start as low as $199 per year (only 25 cents per transaction), and the discounts only get higher as you go, such as with the $599/year subscription which has fees of only 10 cents per transaction!
When it comes to credit card processing for non-profits that are looking to save money across the board, it’s easy to see that Payment Depot is an incredible solution. Money is hard to raise, and every non-profit should be able to retain as much of their funds as possible to help get more resources to the charitable causes that need them!