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Therefore, the process with an aggregator looks like this: First, the donor provides their credit or debit card information on your nonprofit’s online giving page. Next, that data is sent through a payment gateway to an aggregator-controlled merchant account. This account is shared by all of the aggregator’s clients.
- Bloomerang Payments. Recommended for: Nonprofits that want a payment processor that integrates with their online giving tools like donate buttons, embeddable donation forms, donation pages, and text-to-give.
- Stripe. Recommended for: Nonprofits that need a standard, reliable payment processor with the option for expedited payouts. Favorite feature: Instant payouts.
- PayPal. Recommended for: Smaller and new nonprofits that need an affordable payment processor that’s optimized for online transactions. Favorite feature: Donate button.
- Square. Recommended for: Nonprofits that use point-of-sale transactions to accept donations or purchases. Favorite feature: Customer Engagement. For nonprofits that aren’t ready to invest in a donor management system, Square offers basic CRM tools that help sort your donors into groups, send targeted emails, and receive feedback through digital receipts.
May 20, 2024 · Venmo — Best for Fledgling Organizations. Venmo is the #1 most affordable option for payment processing for nonprofits. If you’re looking to get attention from a younger group of donors, you can set up a Charity Profile to use Venmo for nonprofits! Rates: 1.9% + $0.10 transaction fee per donation received.
5. Authorize.Net. Best for: Nonprofits looking for a wide variety of payment types to offer donors, from eCommerce to eCheck, point of sale, mobile payments, and more. Top Features: Automatic, monthly credit card updates. Store credit card information to simplify repeat donations. Digital invoicing to receive payments faster.
Oct 28, 2024 · Our Top Picks of Payment Software. 1. Zeffy: Best Free Payment Processing Software for Nonprofits. 2. Stripe: Best for Integrations and Customizations. 3. Payline Data: Best for Multiplatform Payment Needs. 4. Helcim: Best for Online Credit Card Payments.
Jul 25, 2024 · Based on our evaluation, here are the best nonprofit credit card processors for 2024: Helcim: Best for transparent low-cost processing. Givebutter: Best for free nonprofit platform. Stripe: Best for technical flexibility and customization. PayPal: Best for global reach and donor familiarity. Square: Best for in-person donation and sales.
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May 16, 2024 · G2 Rating: 4.3. Capterra Rating: 4.6. Stripe is a prominent payment service provider best known for its overall payment processing solutions, but it also offers a comprehensive payment gateway. Stripe Terminal easily integrates with your in-person payment solution.
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related to: What payment methods do nonprofits use?Nonprofit Accounting Software Made To Do More For Others. Sync Your Nonprofit Accounting Software With Apps To Help Fundraise & Manage Donations.
