Yes, but with our help we can manage these costs to maximize fundraising dollars.

So here’s what’s happening-

The Wall Street Journal recently published an article about Visa and Mastercard fee increases on credit cards and debit cards.

“Merchants paid an estimated $64 billion in Visa and Mastercard credit and debit interchange fees last year, according to new data from an industry publication, the Nilson Report. That is up 12% from a year earlier and up 77% from 2012.”

With the anticipated increases of 1.22% and 1.05% for Visa and Mastercard respectively, we are looking at a potential of over $750 million dollars in additional fees next month. Additionally, Visa raised its “credit-card assessment fee” this year by 0.01% for most credit-card purchases made in the U.S., according to WSJ.  This is expected to cost U.S. merchants at least an additional $570 million through April 2020.

Each spring and fall we inevitably see the announcement of fee increases and see its impact on our organizations. Many organizations, especially those in the nonprofit sector, do not have the option to simply increase prices to consumers or adjust their services to offset the cost. Without that ability, dollars are allocated to fees instead of funding.

The Back Office Cooperative recognizes the strain this causes on our organizations and we are here to help. With our Merchant Card Fees Group Program, we save our members an average of 18% to help offset the impact and save money. We also provide the expertise to ensure you are collecting credit card payments in a manner that is efficient for your organization and safe for those providing their personal information.

Want to learn more?  

Email us at and we will work with you each step of the way to provide a summary of your savings opportunity and a recommended solution.


More money for your mission!

The Back Office Cooperative has group programs and specialized procurement services in over 30 individual expense areas. Beyond Merchant Card Fees, we can find you savings.

Article Reference:

Wall Street Journal : “Purchases With Plastic Get Costlier for Merchants—and Consumers”