Open a merchant account
The performance may not be open a merchant account with a bank or credit card company. The advantage of this account is that if a donor makes a payment by credit card, the money goes directly to the bank account of non-profit. The advantage here is that if the donor receives the credit card statement, the name of the nonprofit organization will be mentioned. This account helps the profile of the non-profit.
But the disadvantage of this option is that the formalities and paperwork can be prepared. The nonprofit is like any other business organization, and are subject to similar checks and inspections are handled. The second disadvantage is complicated fee structure, which also vary greatly from one bank to another to be.
» Read more: Credit Card Processing Options For Your Non-Profit