Credit Card Processing for Synagogues, Jewish NFPs & Jewish Educational Institutions
Who we are Rectangle/Ware-ever Pay ( Rectangle ) is an internet based payment acceptance service that operates in conjunction with websites, synagogue management software and accounting systems to automate a number of internal business processes by accepting credit cards and electronic checks Rectangle is a sister company of Retriever Medical / Dental Payments ( Retriever ) Retriever has been in business for ~25 years, safely processes in excess of $3B in transactions per year, has over 50K clients, is A+ rated by the BBB and is Rip Off Report Certified Chart 2
What we do By streamlining your businesses processes we will help you: Increase revenues In 2014, overall charitable giving in the United States increased by 2.1% on a year over year basis. Online giving grew 8.9% in 2014 compared to 2013. Online payments can increase member collections up to 400%. Reduce costs Decreased Treasurer/Executive Director/Bookkeeper time by up to 20 hours per month Develop a more predictable cash flow Collect receivables up to 60 days faster in speaking to numerous synagogues during my research regarding databases, they all said that accepting credit cards increased their revenues Executive Director Chart 3
How you reduce costs Assumptions: 400 members 100 require monthly payment plans Cost to issue an invoice (per V&MC) is $8 (includes labor, postage, stationary, etc.) Item Amount 100 statements/month 100 $8 per statement $8 Savings/month $800 Savings/year $6,400 Additional savings due to payment/sw integration; eliminate errors due to manual data entry; save time due to seamless integration. Chart 4
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What Your Synagogue/Jewish Educational Institution can do with Credit Cards Recurring Payments: Automatically process recurring payments for membership dues on a monthly or quarterly schedule Website Integration: Create buttons that members can use to initiate transactions. Create custom display profiles to change the format of our QuickClick ordering system to match your website and branding Statements: Securely email member statements online to enable faster payments. Our "Green" solution reduces paper, postage and increases cash flow Mobile Payments: Mobile Payments provides payment acceptance from smartphones & tablets at events when members did not pre-register Online Payments: Maintain a secure list of member payment information to enable a secure, fast and easy payment process when payment acceptance is needed Robust & Flexible Reporting: Build and customize reports to help you optimize the use of credit cards in your business Chart 6
How we do it Design: Rectangle is designed to fit into your existing website to enable forms for registration, events or payments to give the impression of a seamless solution. Security: Rectangle maintains SSL (secure socket layer) security to protect data transfers. All critical consumer payment information is encrypted and secure to protect personal data. Rectangle is Payment Card Industry (PCI) Security Compliant. Performance: We provide a high-speed transaction service and have designed our administrative systems to provide a quick snapshot of member activities. Flexibility: Rectangle is used in a variety of non profit and business environments. The flexibility of our system design and tools to create new forms and processes enable virtually any organization to use our services will little or no training. Payment Options: Rectangle supports Visa, MasterCard, Discover, American Express and Electronic Checks. We also enable donors to easily increase their donations to cover bank processing fees which keeps the costs down. Electronic Checks also reduce the cost of payment acceptance. Market expertise: I work exclusively with synagogues & Jewish NFPs. Chart 7
Business Processes Improved Synagogue Issues membership dues statement* Member Click through statement link to pay Web site Donations Our Payment Gateway Event Registration Judaica Accounting system Member MGMT. SW Your Bank Chart 8
Your Payments Page Membership Dues Calendar of events Judaica Donations Shopping Cart for Judaica items Register Shopping Cart Rectangle Payment Gateway Deposit Member Management SW Bank Accounting SW Chart 9
Seamless Processing with: (partial list) QuickBooks (accounting), RJ Web Builder (URJ), Joomla (CMS), Chaverware (member management), TempleTracker (member management), CiviCRM (member management), Blackbaud (online fundraising for NFPs), Drupal (CMS), and Others Chart 10
Using multiple web sites, for multiple reasons to collect funds Chart 11
Complex Solutions Simplified Chart 12
Complex Solutions Simplified Chart 13
What is included in our service? Seamless integration with your Member Management SW, your Fundraising SW, your CRM system &/or your Accounting System Next business morning funding on ALL transactions, PCI compliance consultation (PCI Security & IRS Requirements), Live customer service & technical support 24/7/365 without wait time, Local Synagogue Processing Consultant, No minimum usage required to qualify for discounted rates, AMEX, Discover, VISA & MC processing, Secure transaction reader and mobile app, Virtual terminal, OfficeMax membership (40 80% off/free overnight shipping), No set up fee. OUR GURANTEE: If we cannot beat any valid, written offer from any other processor, you may cancel your account at any time without cost or penalty Chart 14
Contact Information Paul S. Goldner, MBA, CPA, CSP Credit Card Processing Expert for the Jewish Community 845-453-5149 pgoldner@ware-everpay.com Chart 15