No, we don’t raise your rates or charge extra fees to allow businesses to be part of our “ESBCharity program. As the owners, Renee and David, donate the money, they receive the tax deduction.
What percentage goes to the non-profit?
As with any merchant account, fees and percentages are paid to maintain service. There are many different factors that come into play, so donations vary based on the type of business, how it processes, volume, etc. The owners, Renee and David, donate a portion of every swipe once all the fees are taken out.
What are some national non-profits you are donating to now?
They change on a needs basis, and we continually take applications. You’re able to choose from our carefully vetted list, located on www.esbcharity.org
Does the non-profit know our business is responsible for the donation?
Absolutely! A portion of every swipe is donated in your company name, so you receive recognition for your participation. We simply can’t do this without you!
How do the non-profits receive the donations?
The donations are given on an annual basis through the ESBCharity foundation.
How does ESBCharity choose its non-profit beneficiaries?
Once the nonprofit is nominated an application is submitted. Then the NP goes through our in-depth vetting process, and be approved by our ESBCharity board, which includes confirming that 70 cents of each dollar goes toward the cause.
Why are 20 businesses recommended to set up a non-profit as a beneficiary and fundraiser?
We are here to raise as much money as possible, and we’ve found that when 20 businesses commit to your nonprofit it’s the magic number that makes it a comma check. We like giving away comma checks ($1,000+).
Introduce your friend to PFP, they begin using PFProcessing within their business, am I guaranteed the portion from every swipe of their merchant account goes back to my non-profit?
Yes! Absolutely.
Can we use the ESBCharity program as a fundraiser for our non-profit even if we don’t use PFProcessing credit card services?
Yes, we’d love to help you make money for your cause, once you have completed our vetting process.
How does the fundraiser work?
The process is very simple and straightforward. Your responsibilities are: Go through our vetting process to become a beneficiary Look into transferring your credit card processing to PFProcessing Be introduced to your personal account manager and create a game plan for sustainable income