Access to online payment is included in your software and volume commitment is required. This online payment feature can therefore be used regardless of the amount of revenue you collect online.
The only additional charges are the fees associated with online payments made by credit cards.
You will find the list of additional charges below.
List of Additional Charges
On online sales pages, these fees are calculated by payment and include tax
- Fees on payments made on credit cards 💳
2.9% + $0.30
Financial Impact of the Transition to Online Payment
Online payments are rarely 100% free. If it is free for the nonprofit, it is because it is not free for members or donors who see their fees increased by a few cents or dollars, or who are strongly encouraged to leave a tip to pay for the payment service.
Online transaction fees can make people reluctant to switch to online payment. However, these fees should be put in perspective along with the benefits of online payment, in terms of time saved and in terms of increased memberships and donations.
For example, the transaction fee is 2.9% + $0.30 TTC per transaction.
So if you buy a membership online at $100.00, the cost would then be $103.20 including tax.
With regards to these small transaction fees, it's important to factor in the possibility of losing entire members if your organization does not offer online payment, which, overall, would result in a much worse financial impact.