All About Online Processing Fees
No matter which way you choose to give online, there is always a fee for processing donations payed with a credit card, debit card, or ACH bank transfer. However, the fees aren't the same for each type of payment.
Here's how it works:
Credit and debit cards are processed at 2.3% + $0.30 per transaction.
ACH fees are processed at $0.25 per transaction.
Redeemer pays these processing fees for online donations, which means that the total amount we receive from your donation is the amount you give less the cost of the processing fee.
You'll notice that the processing fee for a donation made through ACH (Automated Clearing House, which is a network used for electronic payments and money transfers between bank accounts) is much less than the fee for donating with debit and credit cards.
If possible, we request that you make your donations through ACH. More of your gift will end up where you want it to go, instead of paying credit card processors.
Thank you for your gift to Redeemer!