Cornerstone is pleased to offer Processing with a Purpose, a one-of-a-kind opportunity for ministries and nonprofit organizations to save money on their credit card processing while developing ongoing financial support.
If you have any questions about Cornerstone or how we can save you money, please contact us via email: firstname.lastname@example.org or by calling Jon 607-654-8022 or Melissa 607-973-2006.
Merchants who participate under Processing with a Purpose, are guaranteed a lower processing rate than their current processor. Cornerstone requires two recent merchant statements to provide an analysis for this guarantee.
If Cornerstone is unable to reduce the processing cost for a merchant, Cornerstone will pay the Processing with a Purpose referring partner $500.
Donors and supporters simply process their credit cards under Processing with a Purpose, and Cornerstone Payment Systems will make a donation to their organization of choice for as long as they participate. The funds generated from this program are paid out directly to the ministry or nonprofit organization. The process is simple, and the impact is for a lifetime.
FREQUENTLY ASKED QUESTIONS
Here are a few common questions and answers about Processing with a Purpose. Actual earnings will depend on how many organizations you can sign up and how much they typically process.
Are their limitations with Processing with a Purpose?
Merchants are not required to change their banking relationship to participate in the Processing with a Purpose program. Additionally, Cornerstone has a comprehensive product set designed to serve both retail and online credit card processing. We have several solutions for retail, restaurant, business-to-business, donations, and recurring transactions.
What percentage of the processing fees will we receive?
Cornerstone Payment Systems will provide participating ministries and non-profit organizations with 25% of the total credit card processing fees (typically ranging from 1.5% to 3.5%).
How much could our organization potentially earn?
If a small restaurant sells an average of $48000 per month, then 1/4 of their 2.5% processing fees would earn an average of $300 per month or $3600 per year. If you multiply that amount by every organization who supports your ministry, the donation potential is significant.
What if Cornerstone cannot lower the processing rate?
If Cornerstone Payment Systems cannot lower the rate for any business, non-profit, or ministry who participates in Processing with a Purpose, Cornerstone will donate $500 to your ministry!