Questions re Accepting Credit Cards (part 1 of 5)

Churches which do not have online giving often have several questions which hinder them from proceeding. Here are some of the concerns I’ve run into over the past few years:

  • Online Giving (itself)
    • Making financial transactions online has been normalized by society in the past 10 or 15 years. Amazon and other online businesses have made us comfortable with spending money online and using our credit cards on our computers and smartphones.
    • In 2016, our society spent more on restaurants than groceries; in 2015, we spent more electronically than we did using cash and checks. We have moved inexorably into the age of electronic transactions.
    • I predict that by the year 2025 (maybe 2030) we won’t even be using credit cards anymore – transactions will be made using Apple or Android pay or some other electronic financial exchange system which is being created even now.
  • Fees paid by the church
    • All credit cards have fees ranging from about 2.3% to 5% of the transaction. VISA and Mastercard have lower fees while American Express has the highest. Most VISA and Mastercard providers have fees in the 2% to 3% range.
    • Remember that banks have fees on every check and cash transaction they process, albeit about 25 to 30 cents for each one and that is lower than credit card fees.
    • Fees on credit cards is very much a “cost of doing business” in today’s world. Just as every church has a copy machine and air conditioning, fees on credit cards are just part of being “in business” for a church.
    • Frankly, the fees aren’t that much. If a church gets as little as $10,000 in online gifts during the year, the fee for that is about $250 which seems pretty small when weighed against the $10K that came in.

Lead On!

Steve

 

First Time Donors

Coming to a church for the first time is frequently celebrated. People are encouraged to introduce themselves, provide contact information, and are even given coupons for coffee or food. These are good steps whose goal is to encourage the people to return again and again.

Churches can take another step which is to send a thank you note to all first time donors. The first time someone gives to a church is a big deal. It is one thing to come but it is an even bigger step to pull out your wallet and financially support the church. That action should be acknowledged.

Every first time donor should get a thank you note from a church leader – the pastor, the treasurer, or the church administrator. This simple act will take about 3 minutes per card and cost a dollar or two including postage. But the benefits of that expense will be enormous – people will comment about that for a long time and they will be genuinely surprised and grateful.

Take the time to write a thank you note. It is a big deal.

 Lead On!

Steve

 

 

Nest Camera

A few months ago I bought a Nest Camera for $200. Nest Cams are linked with a smartphone. I bought it for one specific reason but I’ve come to see a multitude of additional benefits. The camera is located in my office window and is pointed to the … [Continue reading]

Cameras

Churches should use cameras to protect their most valuable assets – people. Other businesses may use cameras to protect against theft and other crimes – churches can do that, too. But the most important reason churches should have cameras is to … [Continue reading]

A Story About Faithfulness

This is a story from a friend of my wife. It is a true story and used with permission:   So I hadn't tithed for four months. I could list reason after reason why, but not one of those reasons would justify not giving God what is rightfully … [Continue reading]

H2O (part 8 of 8)

H2O The Gospel of John has more symbolism than the other Gospels combined. John forcefully uses bread, light, and water – all elements necessary for human life – to teach us that Christ alone is at the core of our being. Without food, water, and … [Continue reading]

H2O (part 7 of 8)

H2O The Gospel of John has more symbolism than the other Gospels combined. John forcefully uses bread, light, and water – all elements necessary for human life – to teach us that Christ alone is at the core of our being. Without food, water, and … [Continue reading]

H2O (part 6 of 8)

H2O The Gospel of John has more symbolism than the other Gospels combined. John forcefully uses bread, light, and water – all elements necessary for human life – to teach us that Christ alone is at the core of our being. Without food, water, and … [Continue reading]