nonprofit banking
Banking* thats tailored for Booster clubs
- Manage all of your banking digitally - from sign up to officer handover
- User-friendly banking dashboard.
- Easy officer handovers & account management.
Manage dues, donations,
events & more
Manage dues, donations,
events & more
Manage spending with digital
debit cards
Stay compliant with tax regulations
Manage dues, donations,
events & more
Manage dues, donations,
events & more
Manage spending with digital
debit cards
Stay compliant with tax regulations
Booster Club banking
nonprofit banking
Collect
transparent Spending
There are so many options for collecting payments online, we made a comparison chart.
Venmo* | Cheddar Up | Square | |
---|---|---|---|
Card processing fees | 1.9% + $0.10 | 3.59%+$0.59 | 2.9%+$0.30 |
No monthly fees | |||
Outgoing ACH fee | .75% | 1% | |
Payment Tracking | |||
Payment Reminders | |||
Collection Links |
2.99% |
$2.49 |
Card processing fees |
---|
Venmo* 1.9% +$0.10 |
Cheddar Up
3.59%+$0.59 |
Square
2.9%+$0.30 |
%2.99 |
No monthly fees |
---|
Venmo* |
Cheddar Up |
Square |
Outgoing ACH fee |
---|
Venmo* |
Cheddar Up .75% |
Square 1% |
$2.49 |
Payment Tracking |
---|
Venmo* |
Cheddar Up |
Square |
Payment Reminders |
---|
Venmo* |
Cheddar Up |
Square |
Collection Links |
---|
Venmo* |
Cheddar Up |
Square |
Want to learn more? View All
Want to chat? Contact us.
Crowded is a financial platform that offers booster clubs an easy way to collect, spend and manage money online.
Booster clubs are constantly collecting money – bake sales, donation drives, membership fees, and etc. Using Crowded to collect these funds from others is safe, easy and trackable.
When the club needs to spend, they can spend from the same place where they collect. The club treasurer can issue digital debit cards as needed to members to spend with budgeted amounts.
Also, use Crowded Rewards to generate extra income for your booster club!
Cheddar Up provides a great way to collect payments online, but that’s where it ends. Once you collect funds through Cheddar Up, you have to withdraw it to a bank account to use the funds.
Crowded offers online payment collection, like Cheddar Up, but also provides modern banking services within the app. You can spend the collected funds, track payments, and use Crowded Rewards to raise extra funds for your group!
Crowded is also cheaper. Cheddar Up charges a 3.59% + $0.59 credit card fee while Crowded charges only 2.95%.
With collecting with Crowded, you can avoid constantly transferring funds between payment apps and banks to access your group’s money. Utilizing embedded finances, Crowded enables your group to bank, collect, and spend with just one platform.
Crowded accounts are free to set up – we have no minimum balances or subscription fees.
What do we charge for?
When collecting payments, we charge 2.99% with a min of 60¢ on card payments, and the lesser of 2.99% or $5 with a min of 60¢ for ACH payments
You can always choose whether you want to cover these fees or ask your payers to handle them.
View our full fee schedule here.
* Crowded Technologies Inc is a financial technology company and is not a bank. Banking services provided by Blue Ridge Bank, N.A. and TransPecos Banks, SSB; Members FDIC. The Crowded Technologies Inc. Visa® Debit Card is issued by Blue Ridge Bank, N.A. and TransPecos Banks, SSB pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.
There are no fees associated with account opening, but transaction fees may apply; please refer to the Crowded Business Deposit Account Agreement for more details on account transaction fees.
** Accounts are eligible for pass-through deposit insurance only to the extent pass-through insurance is permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. There may be a risk that pass-through deposit insurance is not available because conditions have not been satisfied. In such cases, funds may not be fully insured in the event the insured depository institution where the funds have been deposited were to fail.
* Crowded Technologies Inc is a financial technology company and is not a bank. Banking services provided by TransPecos Banks, SSB; Member FDIC. The Crowded Technologies Inc. Visa® Debit Card is issued by TransPecos Banks, SSB pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.
There are no fees associated with account opening, but transaction fees may apply; please refer to the Crowded Business Deposit Account Agreement for more details on account transaction fees.
** Accounts are eligible for pass-through deposit insurance only to the extent pass-through insurance is permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. There may be a risk that pass-through deposit insurance is not available because conditions have not been satisfied. In such cases, funds may not be fully insured in the event the insured depository institution where the funds have been deposited were to fail.
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