Step By Step Guide On Online Credit Card Processing For Nonprofits

Online credit card processing for nonprofits can sound intimidating, but it doesn’t have to be. By following the steps below, you can quickly and easily set up an online payment system for your organization.

1. Choose Your Payment Processor: The first step in setting up online credit card processing is selecting a payment processor that fits your nonprofit’s needs. Look for a payment processor that has experience in working with nonprofits and offers low transaction fees, as well as customer service that is available to answer any questions you might have.


2. Set Up Your Merchant Account: Once you have chosen a payment processor, the next step is to set up a merchant account. This is a business account that allows you to accept payments online or in person. In order to open a merchant account, you will need to provide information about your organization, including its legal name, purpose and tax-exempt status.


3. Obtain Payment Gateway: After opening your merchant account, the next step is to obtain a payment gateway. This is a secure connection that allows your customers to make payments online or by phone. Your payment processor should be able to provide you with the proper gateway, as well as instructions on how to connect it to your merchant account.


4. Integrate Payment Processing Into Your Website: Once you have a payment gateway set up, you will need to integrate your payment processor into your website. This allows customers to make payments directly from the site, as opposed to having to call or visit your office in order to make a donation.


5. Set Up Donor Profiles: Finally, you will want to set up donor profiles so that you can keep track of all of your donations. This will allow you to personalize the donation experience for each donor and keep track of who has given what amount.


By following these steps, you can quickly and easily set up online credit card processing for nonprofit organizations. It’s important to remember that payment processing fees may vary from processor to processor, so make sure you understand the fees associated with your chosen provider before setting up your account.


Comments

Popular posts from this blog

The Complete 2022 Guide to Chargebacks for Merchants

Point of Sale System - Everything You Need to Know!