Choosing a Payment Processor
You will need a payment processor in order to accept credit and debit card transactions for online purchases. Membership Toolkit has several options for payment processing.
In addition to the Membership Toolkit Managed Account, Membership Toolkit is integrated with three other payment processors. You can choose to offer payments through one or a combination of the these three. We are currently integrated with PaySimple, TransFirst, and PayPal.
Membership Toolkit Managed Accounts
All organizations have the option to use the Membership Toolkit Managed Account for payment processing. This option is included as part of your Membership Toolkit account and it is ready to go.
Transaction rates for a Managed Account are 3.0% + $1.00.
Organizations that have chosen the Essential, Premium, or Concierge Subscriptions can also choose to use their own payment processor which will save you money. Membership Toolkit is integrated with PaySimple, TSYS TransFirst, and PayPal and you can choose to use one or a combination of these options.
This information is provided to help our customers choose a payment processing solution. Your payment processing account is a contract between your organization and the payment processor. We are happy to help answer questions and provide support when we can.
Setting Up Your Account: Passwords
- Choose passwords carefully
- Include numbers and letters
- Passwords should be changed anytime your account administrators change
COMPARISON OF OPTIONS
PaySimple | TSYS | PayPal | |
| Transaction Rate – Nonprofit Organizations | Interchange Plus + .65% + $0.15 | 1.85% + $0.05 ++ | 2.2% + $0.30 |
| Average Total Transaction Fee Customers Pay per Transaction – Nonprofit Organizations | 2.05% | 2.78% | 2.84% |
| Transaction Rate – Not a verified nonprofit | Interchange Plus + .65% + $0.15 | Call TSYS rep for information | 2.9% + $0.30 |
| Additional Fees | $10/month + $0.29 Batch Fee | None | None |
| Setup Fees and Cancellation Fee | None | None | None |
| ACH | $1 | Not Available | Not Available |
| Recurring Payments | Yes | No | No |
| Swiper Device Available | Yes | Yes | Yes |
| Swiper Device Transaction Rate | Same as online account | Same as online account | 2.7% |
| How fast can you start processing transactions? | Approximately 1-2 days | Approximately 1-2 days | Approximately 2 hours |
| How do you receive your money? | Deposited into your checking account in 2 business days. | Deposited into your checking account in 2 business days. | You transfer the money each time. |
| How are transaction fees handled? | Deducted from your account once a month. | Deducted from your account once a month. | Removed at the time of the transaction. |
| Who to call for support? | Call or Email the Designated Customer Support Team | Call the TSYS Account Manager | Email PayPal Customer Support |
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