Why Generic Plug-In Credit Card Readers are a Poor Choice for Nonprofits
Your Nonprofit Isn’t Generic. Don’t Rely on a Generic Payment Solution!Using Square or a similar solution for collecting in-person credit card payments may seem like a good idea, but the truth is, generic solutions can cause very real problems:
- You have to configure everything in two systems: one for online purchases and one for payments at your site.
- Fees may be higher. Generic payment solutions can have less favorable terms than the ones you’ve already negotiated for your online sales.
- Because payments are recorded in another database, you have to manually consolidate sales and registration information from different systems for accounting.
- You can’t access purchases that a customer already made online, so you can’t update registrations or collect outstanding payments and have the information automatically updated in Doubleknot.
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