Collections/Payment Processing

Indiana Gov. Mike Pence has used a corporate-supported nonprofit subsidiary of the state economic-development agency to pay for official trips abroad, writes the Indianapolis Star. The Indiana Economic Development Foundation has raised nearly $2.2 million since January 2014 from companies, trade groups and governmental entities, with most of the money coming from utility firms. Pence…

Finally, someone said it! We need to realize that getting “attribution” right is going to take all of us, and we need to stop being afraid of it...

Merkle Response Management Group (Merkle RMG), a subsidiary of Merkle, the technology-enabled, data-driven performance marketing agency, has been selected by Save the Children to handle donation processing and fulfillment services in support of its direct mail program.

To get a handle on what’s in store for 2015, NonProfit PRO rounded up some of the nonprofit industry’s finest, who were kind enough to share their nonprofit trends for 2015. Here are four trends on payment processing.

For many organizations, it's easy to take that initial credit card transactions contract for granted and basically forget about it. But that may be a mistake, as many nonprofits pay higher rates than they need to, meaning less money going to the mission and more money going to payment processing fees.

Am I too old or just not opening my eyes to see the fundraising opportunity of Bitcoin?

The United Way has jumped on the Bitcoin bandwagon, joining several nonprofits in accepting Bitcoin donations. Should your fundraising department hop on board with Bitcoin as well?

Click & Pledge, a software developer and payment processor for the nonprofit industry, will be showcasing its mobile payment application and mobile credit card reader, the Swiper 1™, at the upcoming Salesforce Dreamforce 2012 event in San Francisco Sept. 18-21. 

More and more religious instutions are using credit cards to collect donations at houses of worship. One big player is a service called ParishPay, which works with many Catholic churches and a few synagogues to help sign up worshipers to pay via credit or debit card or automatic payment from their bank accounts. Nearly 1,000 institutions have joined the service, and it claims a 20 percent to 30 percent increase in giving by individuals who enroll.

Another is SecureGive, which has kiosks in churches, Hindu temples and some zoos and hospitals, too.

Square, a mobile payments startup company, announced that political organizations can mobilize their campaign staffs and empower them to accept credit and debit card contributions on their mobile devices on behalf of their organizations. Political organizations authorize individual staff members to accept payments on behalf of their campaigns from their Square accounst. Once staff members sign up, they download the free Square Card Reader app and receive a free card reader. When staff members collect payments, funds are deposited in the campaign’s bank account the next business day.