
Murray MacGillivray Authorized ISA for CardSolve International operated by First Data Canada Merchant Solutions
242 Chalmers St.
Oakville, ON L6L 6A6
Canada
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(877) 982-4274
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Non Profit Credit Card Processing
There are a number of options for nonprofits when selecting a credit card processor. Although there is little doubt that a nonprofit, that expects more than just a few donations a year, should give donors the option of using a credit card, how a nonprofit does that is not always an easy question to answer.
Merchant Accounts
The benefit of having your own merchant account is that your nonprofit will be the party named on the donor's credit card statements, and funds will flow directly to your nonprofit's bank account. The disadvantages are that your organization will need to go through the same credit checks and paperwork as any other business, which may take some time and patience.
Advantages:
- Nonprofit's name appears on donor's credit card statements
- Excellent branding opportunities
- Funds flow quickly into nonprofit's account
Disadvantages:
- Complicated fee structures
- Wide variance of cost across processors
- Longer time to set up and more legal hoops to jump through
Your Next Steps...
Are You An Existing Client?
Click Here To Request your next Merchant Rate Review
Have You Been Referred To Us?
Or, Are You Looking For A New Processor Or Merchant Services?
New Merchants And Referrals Are Warmly Welcomed By Murray MacGillivray.
Click Here To Get Your Free
New Merchant Consultation
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Get your Merchant Account for $10 per month!
The only other charges would be your merchant discount rate transaction rate. Terminal charges and a one time application fee of $50 to be a Visa/MasterCard Merchant may apply. Request full details. Click
here »
Frequently Asked Questions
Insider report on merchant account questions. Click
here »
EASY FINANCING
We offer affordable merchant terminals and easy financial arrangements.
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