Merchant Processing for Nonprofit

Moneybox provides specialized payment processing services for non-profits, delivering top-tier service, cutting-edge solutions, and robust security measures within the industry.

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Benefits of Working with Non-Profit Merchant Provider

Our Nonprofit Credit Card Processing and Payment services make it easy to accept donations through various channels. We offer transparent pricing to registered 501c3 nonprofit organizations.

Choosing a payment processor that caters specifically to nonprofits is the only way to streamline the process of accepting donations. You can avoid paying high processing rates and unsustainable fees in your organization by using a non-profit merchant account. Due to their belief that businesses of this type are risky in nature, traditional payment processors can charge higher fees.

Alternatively, if you need a more flexible payment option that allows you to take payments on the go, you can choose our wireless card reader. This reader can be connected to your phone or tablet, enabling you to accept payments from anywhere, at any time. It’s perfect for businesses that operate on the move, such as food trucks, market stalls, or pop-up shops.

Whatever your business needs, Moneybox has a payment solution that will work for you. Our goal is to make it as easy as possible for you to accept payments and grow your business, so you can focus on what you do best.

Accept Payments Anyway

Donors can also enjoy the advantages provided by a non-profit merchant account. By setting up such an account, you can offer your nonprofit’s supporters and donors the following benefits:

All in one solutions: Consider using a non-profit credit card processing service to set up an integrated payment gateway for your donors. With this in place, you’ll no longer have to manually process each individual donation you receive. Instead, you can use your merchant account to process and organize all donations in one central location. This will make the process more efficient and streamlined for you, while providing a convenient and secure payment method for your donors.

Easy access and save time: An online donation system is a convenient way to incentivize supporters to donate to your cause. With the ability to access your website or payment portal from just about anywhere at any time, you may even increase the number of donations you receive.

Security: Nonprofit organizations must use a merchant account that is designed for high-risk industries. This will help to enhance security while accepting and processing payments online. As online payment processing can be a risky business, especially for nonprofit and charity organizations, having a high-risk payment gateway in place will provide an additional layer of security for your donors. This will help to make them feel more comfortable sharing personal and sensitive information with you. High-risk merchant accounts specifically designed for nonprofits are also capable of handling data and sensitive information as they use encrypted software. This ensures that all information collected and used to process payments or donations remains safe and secure.

Frequently Asked Questions

provides tailored merchant processing services for an extensive variety of nonprofit organizations, encompassing:

  • Religious organizations
  • Educational institutions
  • Charitable causes
  • Scientific research groups
  • Literary societies
  • Public safety testing organizations
  • Sports competition promoters on both national and international levels
  • Entities dedicated to preventing cruelty to children or animals

Yes. Upon submission of your application, banks necessitate verification of your organization’s 501(c)(3) status and its current good standing. Without these documents, we regretfully cannot proceed with the approval of your merchant account.

What industries does Moneybox Merchant Services accept as clients? Moneybox specializes in mid-risk as well as specific high-risk industries (the terms “mid-risk” and “high risk” are used here from the perspective of the merchant services industry). We are proud to serve the following industries:

  • Accounting & Tax Prep
  • Adult
  • Airlines
  • Alcohol
  • Antiques & Collectibles
  • Apparel & Clothing
  • Automotive
  • B2B
  • Bad Credit
  • Bail Bonds
  • Bar & Restaurant
  • Cigars & Tobacco
  • Cleaning Service
  • Clothing & Apparel
  • Collectibles
  • Continuity / Subscription Products
  • Continuity-Subscription
  • Credit Monitoring
  • Debt Consolidation
  • Dental
  • Digital Downloads
  • Digital Streaming
  • Document Preparation
  • Drop Shipping
  • Ecommerce
  • Educational Seminars
  • Electronics
  • Events
  • Furniture & Home Furnishings
  • Guns & Firearms
  • Gyms, Fitness & Yoga
  • Hair & Beauty Salon
  • Health & Fitness
  • Healthcare
  • High Volume
  • Hotel & Hospitality
  • Hunting & Outdoor Equipment
  • Insurance
  • Insurance / Warranty
  • Jet Charter
  • Law Firms
  • Legal Services
  • Magazine Subscriptions
  • Medical Billing & Coding
  • Medical Supplies
  • Membership & Recurring Billing
  • MLM Companies
  • Moving Companies
  • Nonprofit
  • Nutraceuticals & Supplements
  • Online Dating
  • Pawnbrokers & Pawn Shops
  • Pet Products
  • Precious Metals
  • Property Management
  • Real Estate
  • SaaS Companies
  • Self Defense, Tasers & Stun Guns
  • Seminars & Coaching
  • SEO & SEM Services
  • Smoking Accessories
  • Survivalist & Tactical Gear
  • Taxes and Accounting
  • Tech Support
  • Telemedicine
  • Ticket Agencies
  • Tobacco & Cigar
  • Transportation & Moving
  • Travel & Timeshare
  • Travel Agency*
  • Utility
  • Vape / e-Cig / eJuice*
  • Veterinarians
  • Web Design Services

Please note, this is NOT a complete list; Moneybox Merchant Services Inc. serves hundreds of additional mid and low risk industries, too. We do not have a full list of industries we can work with, instead we keep a list of business that we currently can not support. See our FAQ page for more info. If the opportunity is right we will of course try to be considerate.

Sorry, we are unable to provide merchant services for foreign or offshore businesses, or any company that is headquartered, or operates, outside of the USA. We are also unable to provide merchant services for any business whose owner does not have a valid SSN and US issued identification (driver’s license, US passport, etc). That said we are working to fix this issue and should have a solution early 2025.

Yes, your startup or new business can be approved by Moneybox Merchant Services for a merchant account. We love startups! While newer businesses without processing history sometimes encounter hurdles when it comes to approval, Moneybox has helped many brand new businesses get their start in payment processing.

A high-risk merchant account is designed for businesses deemed as “high-risk.” These types of businesses have a greater likelihood of chargebacks, fraud, or other financial risk factors. High-risk businesses require such accounts to be able to accept credit and debit card payments.

Various industries are considered high-risk because of their inherent attributes. Some examples include CBD (Cannabidiol) products, e-cigarettes, vape products, stun guns, credit repair services, multi-level marketing, adult products/services, pawnshops, dietary supplements, SEO services, and tech support.

No central authority determines a business’s high-risk categorization. Every payment processor or bank sets its own standards, often based on internal risk management criteria. Providers assess businesses based on several detailed information bits to ascertain risk levels.

Factors contributing to a high-risk business include being a new business, having poor credit records or low credit scores, operating in controversial or highly regulated industries, relying heavily on international sales, and previous placements on the MATCH list by payment processors.

High-risk merchant accounts differ from regular accounts in several ways such as having a longer application process, higher payment processing fees, cash reserve requirements, volume caps in credit card processing, higher chargeback fees, and additional requirements based on the business type.

A high-risk business should ensure it maintains healthy cash levels, tries to reduce chargebacks, discloses all relevant information during the application process, keeps its financial documents ready, and adheres to the guidelines set by its payment processor.

A high-risk business can find a suitable merchant services provider by researching and listing down payment processors that cater to their industry. Businesses should consider factors like the processors’ experience in their industry, processing fees, equipment provided, customer support, experience with businesses in the same industry, and support for diverse payment methods.

Moneybox Merchant Services Inc. may not cater to all high-risk businesses (e.g. CBD merchants). It offers an upfront underwriting process that identifies risk factors early, saving the merchant time and potential costs. However, if Moneybox cannot service a particular business, they may recommend a processor better suited to your needs.

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We will identify where the WASTED SPEND hides within your EXISTING merchant account.

We will present an overview of account and fee health and discuss whether significant savings can be achieved.

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You do not pay us ANYTHING unless you elect to have Verisave implement cost reductions on your behalf.