Associations spend thousands of dollars unecessarily on credit card processing fees!!!

When your members choose to renew their memberships by credit cards, that costs you big bucks. Most membership decisions are not impule purchases. Your members will take the time to get pull out their checkbooks if the know it will help their professional association. Why not offer your members the ability to pay by check on your website or by phone? You will save substantially on credit card processing fees. Even better, consider offering your members the opportunity to renew automatically, or to pay by monthly payment. You will increase retention rates, as your members will no longer have to make an annual decision.

Benefits

Save money through dramatic reduction in credit card fees
On a typical membership renewal of, say, $500, you will pay about $12 in credit card fees. With an ACH transaction, you will pay less than $1.00. Multiply that over your membership base and see how attractive those savings can be.

Save the time and hassle of processing paper checks
For your prospective members without a credit card, the wait for their check to clear before they can enjoy the benefits of their membership can seem long. For your staff, receiving and processing paper checks is a costly endeavor. Why not speed the process and save your staff some time by accepting electronic checks via web or phone?

Save renewal costs
You can reduce your renewal campaign costs by sending out an electronic reminder via email, with a pay by check link embedded into the email. We will make this easy for you. Additionally, by offergin customers an automatic renewal process on an annual or monthly basis, you will avoid having them make a big decision each year, and your retention rates will rise.

See our article, published in the ASAE newsletter "Dollars and Cents", about how your association can benefit from ACH payments! (Click on articles link above).

Could ACH help your organization? Learn More