Non-profit Credit card processing rates
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If any qualified 501c3 nonprofit wants to compare merchant statements in a private consultation, please visit my web site and contact me. If you want to see my response to this poster, read my blog.
3Dmerchant 1 year ago
@Captmorgan4me
You mention "emerging markets" which I clearly state merchants should look for on their statement. Want to guess how many non-profit merchant accounts I review that a) are not on a price plan that lets them take advantage of emerging market rates b) are not set up with the proper code to qualify as an emerging market? CPS/RETAIL2(EMERG MKTS) debit intechange is .80% and standard debit is .95%. Non-profits can and SHOULD qualify for this rate, but too many don't .
3Dmerchant 1 year ago
Are their special credit card processing rates for non-profits....? The answer to that is NO... NOT in any way.... This lady is full of it..... Visa / MC considers all markets by which they have limited presence in to be “emerging markets”. These markets are specifically; government, schools, utilities, insurance, cable / broadband, and pay television (OD); - nothing more...
Lady remove your video or I will report YOU and your organization to the card associations.
Troy
Captmorgan4me 1 year ago
@DAVD305
Those are not my degrees, though I have a Bachelor of Science from Syracuse University. One is a certificate from non-proft as a founding member of group that raises money for them. Another is an Addy Award for awesome results in a direct mail campaign. Thanks for commenting though. ^Christine
3Dmerchant 1 year ago
lol so many degree's framed in background to bad its a unregulated business and there is no school or college, put those back in your kellogs box.
DAVD305 1 year ago