Online Fundraising: The Hidden Costs of Credit Card Donation Fees

In this day and age, every nonprofit organization must accept credit card payments from donors, particularly for online donations. That means virtually every nonprofit out there has a credit card transactions agreement in place with a processing provider.

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.