What’s the Right Payment Processing Solution For Your League?
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In order for an organization to accept online payments through LeagueApps it’s necessary to set up a payment solution. This includes both a merchant account and payment gateway.
LeagueApps has integrated with a few of the most popular payment solutions. Here is some information on each option including setup costs, transaction fees and integration steps. Please contact us if you would like help to determine the most optimal setup for your organization.
Millenium Bankcard + Authorize.net Gateway
If your organization does not currently have a payment processing solution then Millenium Bankcard is the most attractive and affordable option.
Millenium Bankcard is a Payment Processing broker that LeagueApps has partnered with to offer discount prices and dedicated customer setup and service.
Millenium Bankcard will find the most suitable merchant account for your organization. It will also set up an Authorize.net account at a discounted rate and with no setup fee. These accounts will be created simultaneously all in one process. There are no upfront costs and no long-term contracts.
If this sounds like an interesting option complete this short form. A Millenium Bankcard representative will contact you by phone or email and walk you through the application and account setup steps to integrate with your LeagueApps account.
Between the merchant account and gateway, you can expect to pay around 2.1% + 20 cents per transaction. There will also be about $20 in monthly fees. Prices may vary slightly depending on the merchant account partner.
To connect your Authorize.net payment gateway with LeagueApps, enter your API Login ID and Transaction Key in the Merchant Services section under the “Manage Account” dashboard. (With the help of Millenium Bankcard, your Merchant Account should already be connected to your Authorize.net payment gateway).
Authorize.net Payment Gateway
For organizations with an existing online merchant account, Authorize.net can be used as a payment gateway that hooks into the LeagueApps platform.
The setup cost is $99 and monthly costs are $20 plus 10 cents per transaction. This is in addition to the merchant account fees from your existing provider.
You can create an account directly through the Authorize.net website. You’ll have to contact a service rep to connect your existing merchant account to your new Authorize.net payment gateway.
To then connect your Authorize.net payment gateway with LeagueApps, enter your API Login ID and Transaction Key in the Merchant Services section under the “Manage Account” dashboard.
Paypal Website Payments Pro
Website Payments Pro is a paypal product that is a combined merchant account and payment gateway. A Website Payments Pro account is an enhanced version of a standard paypal account so you may still need to apply for a WPP account.
The application process is straight-forward and can be completed online. If you don’t have a federal tax ID number you can still use your personal social security number to complete the application. Paypal will notify you within 2 business days of your organization’s status. Once approved, your organization will be able to accept online payments.
Paypal WPP has a $30/month fee. There is a transaction fee per transaction that is between 2.2 – 2.9% + 30 cents. The percentage is based on the previous month’s transaction volume. Here is more information on their pricing.
To connect your WPP account with LeagueApps, enter your API Username, API Password and Signature in the Merchant Services section under the “Manage Account” dashboard.
Good Stuff To Know
Amex Transactions
American Express transactions often have higher rates and even additional monthly fees. Please determine if your organization will accept American Express when you are creating your payment solution.
In the LeagueApps platform you can adjust your accepted credit cards in the Merchant Services section under the “Manage Account” dashboard.
Paypal – Website Payments Standard
LeagueApps doesn not currently support current Paypal’s Website Payments Standard service. This solution is unable to be integrated into your leagueapps website and rather simply links back to Paypal. In addition, there is no way to manage refunds or invoices through the LeagueApps system. For these reasons, we don’t offer this option at this time.
Switching Payment Solutions
Please contact LeagueApps through console feedback if you would like to switch your payment solution. We’ll help you through the process to ensure there is a smooth transition to your new payment solution.