| 
|
The four payment gateways thedatabank integrates with are IATS, VANCO, ViaKlix, and Authorize.net
|
 |
 |
Online Transaction Processing
If your organization wants to do online donations, event registration, or other online financial transactions, you'll want to understand the basics of how those transactions are processed.
It might seem intimidating at first, but don't worry. With The Databank it is a smooth, integrated, and secure process.
Process When Someone Makes an Online Donation
 
Comparison of thedatabank's Payment Gateway Partners
| |
IATS |
VANCO |
ViaKlix |
Fast Charge |
Authorize.net |
| Integrates with the databank |
|
Yes |
|
Yes |
Yes |
| **Real Time Processing |
Yes |
|
Yes
|
Yes |
|
| Deposits Funds to Clients |
Next Business Day |
|
Immediate |
Generally 48 hours, but it depends on your merchant account
|
|
| Setup Fee |
None |
*$25 - $75
(one time)
|
$295
(one time) |
Waived for clients of thedatabank!
|
$299 (one time license and set up fee) |
Credit cards supported |
Visa, MasterCard, American Express, Diner's Club, Discover |
Visa, MasterCard, Discover, American Express |
Visa, MasterCard, plus Discover, American Express, and Diner's Club, if desired |
Visa, MasterCard, American Express, Discover, Diners Club and JCB.
|
Visa, MasterCard, Discover, American Express, Japan Credit Bureau (JCB), Diner's Club. |
| Requires Separate Merchant Account |
No
|
|
Yes
|
|
|
| Recurring Donations |
No
|
|
No
|
|
|
| Monthly Charge |
None |
|
$20 |
|
|
| Per Transaction Charge |
5% |
*2.75% - 3.5% + $.45 |
2.2% + $.20 |
|
|
| Contact Info |
1-866-300-4287
Email |
1-800-774-9355
Ask for: Jan Palmer |
1-678-731-5000
Inquiry Form |
Mention you were referred by thedatabank to have your set up fee waived
Sign up form
|
|
Prices are subject to change. Contact the vendor directly to confirm pricing
** Real time processing does not occur until after the client has posted the donation in their databank
* Contact VANCO for more information
About Payment Gateways:
- Payment gateways are a third party you pay to authorize your credit card transactions.
- If you don't have a payment gateway, you have to authorize the transactions yourself by keying in the credit card number or phoning it in.
- Sometimes they collect the money for you and send you a check; others transmit the money to your merchant account.
- They may or may not take care of contacting donors when transactions are denied, e.g. bad credit card number or over the limit.
- Prices vary; see our chart for details. Some charge account setup and maintenance fees.
- IATS and VANCO are the only ones that do not require you to have a merchant account. They collect the money for you and make an electronic deposit to your account. They are usually a good option for orgs that anticipate a low volume of online giving.
- IATS has special application requirements for political campaigns. Please contact IATS for details.
|  |
 |
 |
|
 |