Reliable and affordable non-profit payment processing is here

With the introduction of Billpower’s integrated donation management system, charitable organisations can streamline options for non profit payment processing via a range of payment methods including credit card, direct debit and PayPal.

Until recently, those in the charitable sector were limited in the methods they used to collect donations. One thing was certain; the ongoing subscription fees for merchant facilities ate into the funds that would otherwise have been directed to the social good that they were supporting.

This article explains the value of Billpower’s online payment system for nonprofits. We developed this payment platform for any organisation or trader who has a need to collect promised money on an ad-hoc or ongoing subscription basis, and as such, it makes it an ideal tool for the not for profit sector.

According to the regulator for the charities and not for profit sector, there has recently been a crackdown on compliance due to some in the sector not keeping proper records. In order to maintain registration, charities must keep impeccable financial records. Billpower can assist in streamlining the non profit payment processing records into an easily exported excel sheet when required.

Our easy to use online accounts payable portal is a perfect fit for not for profit organisations as it reduces administrative burdens while still maintaining accountability and compliance with government regulations. You can be confident in Billpower’s non profit payment processing system because it integrates your accounting system, your bank reconciliations and your receipting processes.

Billpower’s nonprofit payment processing – the smart choice at tax time

Billpower is a great choice for organisations that rely on donations from the public. If  you have charity status and supporters can claim donations at tax time, it will be easy for them to track all of these donations. It is a way for supporters to locate all their donations for the financial year, as each receipt will link to the account, which holds all the prior donation information.

In addition, Billpower provides one of the easiest to use online payment systems for nonprofits and is ideal for supporters who have made ongoing pledges to have money deducted from either their bank account or credit card each month. Setting up an automatic direct payment via Billpower is easy and money will be deducted on the billing cycle of their choice.

It is an easy way to streamline the donation process, and your valued supporters will thank you for having a system that cuts down on other administrative costs. Choosing a reliable and user-friendly payment system builds confidence in your supporter base. It demonstrates that you are keeping costs down and are accountable, both attractive qualities in retaining and finding new supporters.

A robust solution for every non profit payment processing transaction

If you have made contact with new supporters over the phone, or face-to-face, it is important to maintain the momentum that sparked their decision to support your cause. Once you have asked them for a donation and they are willing to part with their money, it is imperative that you can take their payment in a manner that suits them. Some donors prefer direct debit, as a once only, or via credit
card, or even increasingly by PayPal.

With so many options to choose from, the supporter is able to make their one-off donation, or ongoing subscription to your cause in the method that best suits them and their lifestyle. If they have made a once-off donation, Billpower can send a receipt to them which you can customise with your  organisation’s logo, and perhaps a short paragraph about how the money they have donated will be
used. You can also insert reminders advising them that they can easily make further tax deductible donations via a unique supporter URL.

Billpower is an intelligent payment portal and system that has been designed to reduce the amount of time that organisations spend on the administrative side of collecting payments. The time that you save from chasing up pledges, and convert your supporters to reliable and secure automatic billing will increase the overall funds that you support your cause.

To see for yourself just how simple it appears to a consumer to use Billpower, please click here and ask us to send you a demonstration of a real time working invoice. You will be able to see the different choices that supporters have, when choosing their preferred payment method. They can choose a manual payment via a short URL portal.

 

Supporters can also click through from the body of an email message, or from the attached PDF. Saving time and money is that all non profit payment processing systems should do. Billpower achieves this aim, and you don’t have to pay any ongoing merchant fees to use our service. Contact us today to find out more.