Bloomerang Payments, their preferred payment processing solution, charges different rates depending on the type of transaction. These fees are applied per transaction.
Here's a breakdown of the processing fees for various payment methods:
Item | Pricing | Notes |
---|---|---|
Visa, Mastercard, Discover | 3.2% + $0.30 | Per transaction |
AMEX | 3.2% + $0.30 | Per transaction |
PayPal | 3.2% + $0.49 | Per transaction |
ACH (eCheck) | 1.8% + $0.30 | Per transaction |
For example, if a donor makes a $100 donation using a Visa card, the processing fee would be $3.20 (3.2% of $100) plus $0.30, totaling $3.50. If the same donation was made via ACH (eCheck), the fee would be $1.80 (1.8% of $100) plus $0.30, totaling $2.10.
These charges are standard for Bloomerang's integrated payment processing, designed to facilitate secure and efficient online donations and payments for nonprofit organizations.