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The payment processor is a financial institution that handles transactions between the two banks. Meanwhile, a payment gateway is the technology that authorizes and processespayments between a buyer and seller by securely transmitting paymentdata. In fact, not doing so could lead to serious fines.
Does the company offer a nonprofit rate, or other special rates for credit card processing fees? Is If your nonprofit hosts in-person events, do you need mobile card readers with EMV chip technology or a receipt printer? Is the processor transparent with its pricing? Online donations are not automatically secure. Nonprofits
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