Payroc Organizations
Helping non-profits keep more from their transactions. Start Processing Payments with Payroc
Turn credit card transactions into donations to your organization.
When it comes to fundraising, every nonprofit, community and civic organization faces some of the same challenges: traditional methods of fundraising involve repeated—or ongoing—sales efforts, recruiting and managing staff (whether paid or volunteer), and prospecting for additional donors to increase revenue or just compensate for donor turnover. You are also competing with other local, regional and national groups and organizations, all of whom are battling shrinking revenue caused by the economic downturn.
Payroc can help. Our unique referral program, NXGIVE, enables nonprofit organizations to develop a recurring stream of residual income from electronic payment processing. This income is in addition to your current revenue streams and does not impact donations or fund-raising activities
• A predictable, recurring stream of donations
• No up-front costs for you
• No management or administration issues
• No impact on existing fund-raising
• Potential to enhance fund-raising through additional exposure
• No competition with other organizations’ fund-raising efforts
• Residual income from your own transactions
• Transparency—easy tracking of donations
• No additional costs for the merchants
How It Works
We developed NXGIVE as a way to help support charities and nonprofit organizations throughout the United States. The program is simple: you promote NXGIVE to merchants who are interested in supporting your organization or cause. Each time a participating merchant processes a credit card or check electronically—or sells a gift card—you receive a donation.
If your organization processes payments for donations, membership fees, merchandise purchases or events, you can even set yourself up as a “referred” merchant and earn residual income from your own transactions.
And one more very important advantage: in many cases, merchants will actually make money by participating in the program and supporting your organization.
Does it sound too good to be true? Here’s how it works: every time a business—any business—accepts a credit or debit card, they pay a fee to the payment processor. With NXGIVE, a portion of that fee automatically goes to you; Payroc donates a percentage of our profit on each eligible transaction.
What does that mean for your organization?
A $100 transaction would generate a donation of $0.04–0.12 for your organization.
If the business averages $50,000 in transactions each month you would receive between $20–60, or $240–720 in annual donations from just one merchant.
Merchants benefit from the program because Payroc can typically lower their payment processing costs. They will be paying less for each transaction while supporting a worthy cause, and without sacrificing service. Payment processing is one of the top five costs for most businesses so lower processing rates can mean a substantial savings. At the same time, Payroc is recognized leader in customer service in the merchant processor field.
That makes NXGIVE a win-win for everyone involved. Businesses can support your organization without making a cash donation and save money at the same time. Plus, it’s a savings without sacrifice. Not only do merchants lower their processing rate, they also benefit from superior service.
• A predictable, recurring stream of donations
• No up-front costs for you
• No management or administration issues
• No impact on existing fund-raising
• Potential to enhance fund-raising through additional exposure
• No competition with other organizations’ fund-raising efforts
• Residual income from your own transactions
• Transparency—easy tracking of donations
• No additional costs for the merchants
Getting Started With NXGIVE
With a few easy steps, you can set up your own recurring donation stream with NXGIVE.
1. Promote the NXGIVE program to members and associated merchants. There is no up-front cost or risk to a merchant; all they have to do is agree to a free analysis of their current payment processing costs.
That’s it. Recruiting merchants to support you by participating in the program is the only thing you have to do. Payroc assists you with developing and implementing promotional tools, marketing, lead generation and recruitment strategy. Plus, Payroc handles all of the remaining steps and assumes all of the risk.
2. Prospective merchants provide copies of their current processing statements to Payroc for analysis.
3. Payroc provides the merchants with a free analysis of their current processing costs and their potential savings by switching to Payroc. In most cases, Payroc will be able to meet or beat a merchant’s current processing rate.
4. When a merchant begins using Payroc for payment processing, it automatically creates another recurring donation stream to you. You receive a percentage of Payroc’s profits from all eligible transactions, including credit card processing, gift card sales and electronic check processing.
5. Payroc provides you with donation tracking and reporting.
Tracking and Reporting
NXGIVE includes full transparency in the donation process. Our Web-based reporting tools make it easy to track and analyze all donation activity, including the status of referred leads and processing statistics and commissions for all of the businesses you refer.