A Payfac, or payment facilitator, is essentially a third-party payment system that allows businesses and organizations to receive and process online and in-store payments. Similar to PayPal or Square, merchants don’t get their own unique accounts. Rather, they get a general merchant account that doesn’t...
The digital era has changed the way we communicate, watch our favorite shows and movies, manage our banking needs, order food, shop, and so much more. If you’re a nonprofit or cultural institution, It has also changed the way that guests and donors pay for...
If donations, tickets, and fundraising efforts are the lifeblood of nonprofits, then your payment platform is the mechanism that keeps that blood pumping. And if you don’t have a secure and reliable payment platform in place, then you are holding yourself back from not just...
December 1, 2021 We are excited to announce our integration with Canada's popular Interac debit card system and funds transfer network. Interac is the predominant network across Canada, with over 59,000 automated teller machines and over 450,000 merchant locations accepting Interac debit payments. Our cloud-based visitation Point...
November 12, 2021 A payment platform is arguably the most important technology your institution uses. Payments are weaved into everything your institution manages from ticketing, to membership, to donations and events. Payments are very complex, and when you process a patron or donor's payment, you are...
January 2, 2021 Money makes the world go ‘round. Even in the world of nonprofit associations, organizations large and small are going to need a way to manage and accept monetary transactions. For all online companies, in any form, dealing with payments and moving money is...