Payment reconciliation can be difficult and time-consuming when you have multiple systems you are trying to tie together. Knowing which donations were included in each deposit, how the fees were calculated, and getting the answers to questions that arise, can be overwhelming.
Bloomerang Payments is here to help!
With Bloomerang Payments reconciliation is easy. It’s a one-stop shop for accepting credit card and EFT donations, receiving payouts on a 2-day rolling basis, and reconciliation reporting — including showing fees broken out at the transaction level. The same Bloomerang support team that supports all your other Bloomerang needs will be able to answer any questions during signup, or on an ongoing basis.
Setup Bloomerang Payments directly from Bloomerang in less than 5 minutes. You can start receiving online and offline credit card and EFT donations immediately after signup (there’s no waiting period). It also works with the Bloomerang iOS mobile app and credit card swiper, so accepting in-person donations at your next event is easier than ever.
Simple Fee Structure
Now, let’s talk about cost. Bloomerang Payments offers a simple, per transaction fee structure with no monthly minimums or hidden fees. Credit and debit cards have a 2.9% + $0.30 per transaction fee. Automatic credit card updates are applied for all credit card types, so you don’t have to worry about recurring payments failing if the expiration date on a donor’s card has changed. Also, we do not charge extra for different card types like American Express. ACH/EFT transactions have 1% + $0.30 per transaction fee.
Click here to learn more about how you can forego the need for a third-party payment processor and shave hours from your reconciliation process each month. Bloomerang is here to save you time, and focus on what matters most – your mission.