Visa introduced the Consumer Credit Card Charity Interchange Rate Program for charitable organizations in October 2011, which specifically refers to charitable and social service organizations.
With proof of non-profit status, an organization can be approved for a “non-profit wholesale” rate program, which Visa offers at 1.35% + $0.05, and Discover offers at 1.45% + $0.05.
Merchant Services for Non-Profits
Serving the Greater Washington, DC Area and Northern Virginia
Did you know that in October 2011, Visa introduced what is called the Consumer Credit Card Charity Interchange Rate Program to benefit charitable and social service organizations? Those organizations who can prove their non-profit status are eligible to be a part of a “non-profit wholesale” rate program, which offers lower transaction fees for Visa and Discover cards. If your non-profit organization isn’t taking advantage of this program, the experts at EPSG can help.
As part of our merchant services for non-profits, we get organizations set up with the program, facilitating everything from the underwriting to the integration on the technical end. Unfortunately, merchant processors are not required to automatically share these reduced rates with their non-profit clients, meaning many organizations are not benefitting from Visa’s and Discover’s program. At EPSG, we believe in doing what’s best for our partners, so we’ll always share information with you that can save you money and help your non-profit run more efficiently.
To speak to an expert regarding our merchant services for non-profits in Washington, DC and the surrounding area, contact EPSG today at 703-996-9538.
The caveat to this program is that a merchant processor is not required to pass these reduced, charitable rates automatically onto their non-profit merchants. As such, many nonprofit organizations are still unaware that they qualify for this program.
Not-for-profit organizations that have been referred to me have saved from 25% to more than 50% each year after being properly placed on the charitable rate program with EPSG.
Since Visa and Discover cards combined can easily amount to anywhere between 50% to over 70% in all credit card payments presented for donations and payments to a typical non-profit organization, the savings realized with this program can be quite significant.
EPSG can facilitate everything from making the underwriting to integration/technical end to make the entire experience a seamless process.
Save Your Non-Profit Money with Our Merchant Services
Non-profit organizations who work with EPSG have saved anywhere between 25 to 50 percent each year after being properly enrolled in the Consumer Credit Card Charity Interchange Rate Program. In this program, they benefit from a 1.35% + $0.05 rate from Visa and a 1.45% + $0.05 rate from Discover. No doubt many of your organization’s donations are made through Visa and Discover debit and credit card payments. Imagine the savings your non-profit would see through this program.
EPSG is happy to provide enrollment assistance into the charitable program, along with:
- Secure Credit Card Processing – After enrolling you in the charitable rate program, we will continue to maintain your credit card processing system, ensuring that it is Payment Card Industry compliant. This way, you can provide a safe payment environment for donors.
- Point of Sale (POS) Solutions – Keep track of your organization’s transactions with our cloud-based POS platform.
- Payroll Services – Take the hassle out of employee benefits with our easy system.
EPSG Puts Your Needs First
At EPSG, we don’t believe in a “one size fits all” solution when it comes to merchant services. Instead, we build individual relationships with each of our clients by listening to your needs and providing you with the best solutions for your organization. Our company values drive everything that we do, and we strongly feel that integrity, reliability, and sustainability are just a few of the ingredients necessary for building lasting partnerships with clients. For long-term solutions you can count on, trust EPSG.
To take advantage of our merchant services for non-profits in Washington, DC and Northern Virginia, call 703-996-9538 today, or reach out to us online.