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    • PayPal and Stripe

      • There are several payment processing options available to nonprofit organizations, and each of them has its advantages, unique features, and limitations. You can find a comprehensive list of options here, but PayPal and Stripe are the most popular payment processors for nonprofits.
      www.keela.co/blog/nonprofit-resources/nonprofit-payment-processing-platforms
  1. Payment Processor vs. Aggregator: Which Should You Use? Payment processors and aggregators both work as intermediaries to transfer data and funds from your donor’s bank account to your nonprofit’s bank account. The primary difference between these two nonprofit payment processing methods is the use of the merchant account.

  2. May 20, 2024 · Nonprofit payment processors are a backend tool that moves the money from your donors’ bank accounts straight to yours. This is often called the “merchant account.” Where you would collect and deposit checks by hand in the old days, payment processors now handle those valuable online donations.

    • 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.
  3. Jul 25, 2024 · The best nonprofit payment processing tools should offer secure online transactions, low fees, and allow multiple donation methods.

  4. 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. 5. Square: Best for Point-of-Sales Transactions. 6. PayPal: Best for New Nonprofits. 7.

  5. May 16, 2024 · Zeffy: Best Free Payment Gateway for Nonprofits. PayPal: Best Dedicated Payment Gateway Solution. Stripe: Best to Create a Custom Payment Solution. Helcim: Best for High Volume Donations. Stax: Best for Multiple Integration Options. Elavon: Best to Manage Donations and Set Up Recurring Donations. Ayden: Best for International Payments.

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  7. Payment processing tools complete the backend operations that take funds from your donors’ accounts and deposit them into your nonprofit’s bank account. While there are hundreds of different payment processing tools that your nonprofit could choose from, we’ve got the best four right here.

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