ACCEPTING ELECTRONIC PAYMENTS
WHY BOTHER?
This is a simple but important question.  If your current system is working for you and the Pack, maybe you shouldn't bother.  Why are you considering it?
WHICH SERVICE SHOULD I USE?
SQUARE
PAYPAL
  • ​Automatically deposits directly into bank account (1-2 days)
  • 2.75% for swiped magstripe card transactions, chip card transactions, contactless (NFC) payments, and paid Square Invoices.
  • 2.9% + $0.30 for Online Store sales.
  • 3.5% + $0.15 for manually entered transactions.
  • Must manually transfer into bank account (3-4 days)
  • 2.70% for swiped magstripe card transactions, chip card transactions, contactless (NFC) payments
  • ​2.9% + $0.30 Invoicing    
  • 3.50% + $0.15 for manually entered transactions.
  • 2.2% + $0.30 with nonprofit documentation    
WHAT ABOUT THE FEES?​
​Pack Dues and Fees (You can add a service fee): 
  • It is a matter of convenience
  • Our Pack accepts check or credit card only.  Cash is only accepted in rare cases.
  • We add the Square fee onto all credit card options.  There are no extra fees for paying by check.  Parents decide which works for them.
  • We have an online "Marketplace" store and the Pack Treasurer sets up shop at certain Pack meetings.
Popcorn Sales (You cannot add a service fee): 
  • For Show-and-Sells it is a no-brainer.  The amount of sales you gain outweigh the cost of the fees.  Just think about how many people say "Sorry, I'd love to but I have no cash."  Now think how great it is when one of your Tigers responds with "That's okay, we accept credit cards.  What would you like to get?"
  • We also set up a special section on our website where families and friends of Scouts can order online and have it delivered.
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Click Calculator to Determine Square Fees
HARDWARE/SOFTWARE?
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$29.99 Swipe & Chip
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$49.99 Swipe, Chip & Contactless
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Bring Your Own
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Free
THE LIABILITY SHIFT
​On October 1, 2015, the way banks and processing networks handle certain types of fraud changed. In something called ‘the liability shift,’ the onus for some types of fraudulent charges can now fall on your business if you don’t use an EMV (chip card) processing device when buyers present a chip card.