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Lorman Education Services
Training overview
Professional Course
1.5 hours

Course description

Nonprofit Recurring Payments: Best Practices and Compliance

Nonprofit Recurring Payments: Best Practices and Compliance

Keep your nonprofit compliant with a better understanding of online payment requirements. Preauthorized recurring payments are a great way to collect monthly pledges or membership dues, but they also require the right technology and processes to ensure that you maximize the collectability and comply with the rules of the relevant oversight organizations such as NACHA, PCI Counsel and Government agencies. This topic helps the people responsible for managing or oversight of donation or membership payment processing understand best practices as well as technology and compliance issues associated with preauthorized payments. This information is critical for nonprofits and associations that either have or want to establish automatic payment systems for members or donors.

Learning Objectives

  • You will be able to describe the issues and differences between credit card and ACH (E-check) payments.
  • You will be able to discuss options for payer authorization/enrollment.
  • You will be able to explain the compliance issues associated with credit card storage and preauthorized payments.
  • You will be able to identify risks associated with current practices for processing recurring payments.

  • Who should attend?

    This live webinar is designed for accountants, CPAs, executive directors, officers, board members, controllers, CFOs, tax managers, bookkeepers and attorneys.

    Training content

    • Recurring Payment Basics
    • Advantages of Recurring Payments
    • Differences Between Credit Card and ACH PaymentsTechnology Considerations
    • Authorization/Enrollment
    • Secure Storage of Payment Information
    • Declines/Returns
    • Account Updating
    • Types of Payment ToolsCompliance
    • PCI Compliance
    • NACHA Compliance (E-Checks)
    • ROSCA ComplianceMethods to Encourage Preauthorization


    The cost of this Nonprofit Recurring Payments: Best Practices and Compliance live webinar is $0 per participant.

    About Lorman Education Services

    Lorman Education Services - Live and On-Demand Courses

    Lorman Education Services is a leading provider of online professional development and corporate training for organizations and individual professionals. For more than 30 years, Lorman has delivered relevant, high-quality, professional-level courses that cover a broad range of business and technical...

    Read more and show all training delivered by this supplier

    Contact info

    Lorman Education Services

    Lorman Education Services
    2510 Alpine Road
    54702 Eau Claire Wisconsin

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