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

7,943 Views
Message 1 of 11
Report
1 Solution
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.

View Solution >

7,921 Views
Message 3 of 11
Report
10 REPLIES 10

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

7,938 Views
Message 2 of 11
Report
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.

7,922 Views
Message 3 of 11
Report

Hey thanks!

7,099 Views
Message 4 of 11
Report

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!

7,107 Views
Message 5 of 11
Report
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.
7,102 Views
Message 6 of 11
Report

We are a brand new non-profit organization 501C3 and wonder if any donations are gathered using square. Maybe use for auctions? Thanks ❤️ 🐾

4,370 Views
Message 7 of 11
Report

@Theadventuresoffinnandrail

4,369 Views
Message 8 of 11
Report

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

4,279 Views
Message 9 of 11
Report

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.

2,928 Views
Message 10 of 11
Report
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. 

2,887 Views
Message 11 of 11
Report