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The process is very simple and straightforward. Your responsibilites as a nonprofit are:
- Go through our vetting process to become a beneficiary
- Look into tranferring your credit card processing to PFProcessing or Joint Venture Pay
- Be introduced to your personal account officer and create a game plan for sustainable income
- We recommend introducing us to a minimum of 20 businesses throughout the year
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As with any merchant account, fees and percentages are paid to maintain service. There are many different factors that come into play, so donation amounts vary based on type of business, how it processes, volume, etc. The owners, Renee and David, donate a portion of every swipe once all fees are taken out. It averages from 0.05% to 1% of every transaction.
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