A better rate on credit-card processing
If you're tired of surrendering too much cash and then waiting weeks for your money every time someone contributes on line or by credit card, we'll connect you with PNC bank: 2.7 percent for most transactions. We'll even fix your website so that it goes to PNC!
One of our Filpac customers received a $5,000 online donation and was rather distressed at having to give up $403 to the online donation vendor. So we called Rob Faught at PNC bank, who offered us a Filpac Preferred Customer Rate. (Except that you don't need to be a Filpac customer.)
Transaction fees: 29 cents each, PLUS:
terminal transactions:
1.7%
most on-line transactions: 2.7%
corporate cards:
3%
Amercan Express: approx
3.5% (fees set by Amex; not the bank)
Up-front: About $300 ($200 for PNC customers) after rebate
Monthly: $20.
Here's the best part: You get the money in two days! (One day if you're a PNC customer.)
Here's the other best part: NO MINIMUM!
If you own a credit card terminal, you probably won't need a new one but give us the model number and we'll ascertain. Reprogramming fee is $25.
Only other cost is setting up the donation page of your website so that it points to PNC. Either we can do it, or Rob will provide instructions to your webmaster.
And, of course, the Filpac system includes a utility to IMPORT the transaction data so that it all reflects properly in your own accounting reports and public filings.
Interested? Call Rob at (614) 348-1781
