Many people who work in charities or non-profits do it to make the world a better place and carry that goal through their actions. But one part of the work that can add stress is the lack of cash flow. This not only means that a charity may struggle to meet the needs of those who rely on them, but they also may have difficulty in getting a merchant account.
A charity merchant account is necessary in order for charities to be able to process payments, but due to do the nature of the work, it can be harder to get one. Charities can be considered “high-risk,” and many charities struggle to find a merchant account to help process payments.
Some lenders are willing to work with charities to get a charity merchant account. With a merchant account, charities will be able to process donations, especially as charitable donations are increasing. When charities can process donations, they can help those in need quickly as well.
What is an Internet Merchant Account?
A merchant account is an account for businesses and charities to use in order to process credit card payments. A merchant account is necessary for online purchases and helpful for in-person purchases as well. Using a merchant account adds legitimacy to any business or charity, making it more likely for people to work with the business or charity.
A charity merchant account will enable processing of the payments that customers make on their credit cards. It is important to find a merchant account provider that will work with charities to make sure that they have a merchant account that works for them.
Security and Reliability
When using a charity merchant account, it is important to know that all the payments processed will be secure. There is a lot of information that needs to be processed quickly when a credit card is used. Selecting the right merchant account provider will make sure that all payments are secure and that everyone can rely on payments being made.
Charities can struggle with finances and it’s always beneficial to be able to limit the struggles that any charity may have. A merchant account can enable payments to be processed quickly and securely. This can help a charity to have the funds necessary to help others. The funds can be moved quickly between one account to the other.
For more information about getting a charity merchant account or about any other merchant services, visit Charge.com or call (888) 924-2743. Charge.com can work with your charity to help make the world a better place.