Non Profit Processing Rates

Hi,

Does square offer any special processing programs for non profits? One of my new clients is a large non profit and they're interested in lower cost processing rates like other processors offer specifically for non profits.

 

Corn

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Square Champion

Solution

There is no discount for non-profits. If annual sales exceed $250,000, a business could qualify for a lower processing rate.

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Discount is based more off of sales volume.  They can just call sales.

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Square Champion

Solution

There is no discount for non-profits. If annual sales exceed $250,000, a business could qualify for a lower processing rate.

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Hey thanks!

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Hi there,

Have the non-profit rates increased? We are a 501(c)(3) being charged 2.9% + .30 per transaction. We raise money for other local non-profits in our area that support underserved communities. Thanks!

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Square Community Moderator

Hey @ScoopSD,

 

I moved your post to a thread where this question has been answered by @VanKalkerFarms how non-profits don't have special rates/fees.

Check out the Best Answer above for details. 

 

Here's a breakdown of our fees here from the Support Center.

Ashley C
Community Moderator, Square
Sign in and click Mark as Best Answer if my reply answers your question.
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We are a brand new non-profit organization 501C3 and wonder if any donations are gathered using square. Maybe use for auctions? Thanks ❤️ 🐾

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@Theadventuresoffinnandrail

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we're also a 501c3 and we use square mobile readers for auctions. It's a great way to capture payment immediately! 

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If the non-profit's income for a year is <$50,000, how does it apply for a lower rate?  Majority of payments are made online through our Wix website.

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Alumni

Hi @aadcap,

 

Thanks for writing in with this question!

 

Custom rates are not currently available for business processing under 50k per year. 

 

I recommend taking a look at service charges if you're looking for a way to offset fees. You could also consider adjusting your prices to take the processing fee into account, just like you would with other business costs such as website hosting, electricity or rent, for example. 

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