ACH (bank transfer), credit card, or check? Of course, we are thankful for all gifts, regardless of payment method. Making your charitable gift by ACH (bank transfer) offers the greatest “bang for your buck” to our school. When The Downtown School receives gifts via ACH, we do not have to pay a credit card processing fee of approximately 3% of the gift. Also, sustaining/monthly gifts via credit card are subject to problems when your credit card expires or is shut down due to a security issue. Checks require you to respond to an invoice each month as well as use an envelope and postage.
What about security? Our ACH and credit card online gifts are processed by ProPay, a leading provider of credit card and ACH (bank transfer) processing. Should you want to know more about ProPay’s technology and security, you can find that information here.