Managing fees, deposits and refunds while managing a summer camp can be overwhelming. These financial tasks can hamper your ability to provide a memorable experience for kids. Many banks now offer payment processing and online transaction services for summer camps to help simplify financial transactions. Explore the ones that provide these services and find the best one for your needs.
1. Machias Savings Bank
Machias Savings Bank provides trusted payment processing and online transaction services for summer camps. It’s committed to making your financial operations smooth and enjoyable so you can focus on giving the best camping experience for children. The website and mobile app are easy to use, allowing you to manage your cash flow wherever you are.
Send and receive funds through the MSB mobile app and MSB online. Camp owners have a Remote Deposit Capture — a feature that allows them to deposit checks conveniently. Customize alerts like daily balance updates and transaction history to control your banking experience. You can check recent payments, transaction history and daily balance updates anytime. Contact the customer service for more information.
Why Choose Machias Savings Bank
- Rated #1 by Under30CEO for Business Checking in Maine
- Federal Deposit Insurance Corporation-approved
- Trusted financial partner of summer camp owners across the Northeast
- Work with a dedicated relationship banker
Other Financial Services
- Electronic business deposits
- Mobile and online banking services to view transactions, manage accounts and deposit checks
- Fast, affordable and flexible loans
- Free financial tools
2. Square
Square offers financial services for summer camps and other small businesses. It’s affordable and easy to set up, and it provides features like invoicing, online payments and even hardware for in-person transactions. It also provides merchant services, such as credit and debit cards and various forms of online payment.
Payments include active fraud detection, end-to-end encrypted payments, dispute management, live phone support and Payment Card Industry (PCI) compliance. The institution follows industry requirements to secure payments and monitor for suspicious activities. Accept payments offline, transfer funds to external bank accounts and enjoy secure banking. Fill out the online form to create an account.
Why Choose Square
- Allows automation of financial tasks, such as bill payment
- Broad set of flexible tools
- Instant access to your sales revenue
- No hidden payment processing fees
Other Financial Services
- Custom loan offers
- Credit card
- Handheld, all-in-one payments device
3. PNC
PNC offers various financial services for summer camps. The mobile banking app lets you monitor transactions, make payments and visualize your net cash flow, allowing you to make strategic decisions for your organization. It can help you start accepting various types of payment transactions, including debit cards, gift cards or online payment methods.
Receive money via point-of-sale (POS) terminals, PIN pads, Zelle or contactless options so parents can enjoy payment flexibility. With just a few taps, you can monitor recent transactions and balances and transfer funds between your eligible PNC accounts. With this bank, you can ensure your information is secure and receive funds on time. Find the nearest PNC branch near you.
Why Choose PNC
- Manage, track, and solve chargebacks and disputes quickly
- An easy-to-use mobile banking app that lets you send and receive payments with Zelle
- Hassle-free fund transfers
Other Financial Services
- Custom loan offers
- Payment devices like Clover® Go and Clover® Compact
- Cash flow Insight®
4. Trustmark
Trustmark offers full-service banking solutions for your summer camp. The myTrustmark® BUSINESS package offers basic payment processing and online banking services, including bill payment, transfer abilities and eStatements. Choose the myTrustmark® CORPORATEAdvantage to enjoy more benefits, including wire transfer services and advanced information reporting.
Parents can send money to their Trustmark account via direct deposit, wire transfers, and other payment methods for both domestic and international transfers. You can initiate wire transfers through the website or mobile banking app. Visit the website to open an account.
Why Choose Trustmark
- Adheres to high security standards
- Top-notch cash management services
- Outstanding service and guidance from the Trustmark associates
Other Financial Services
- Reliable online and mobile banking
- Loans and lines of credit with long repayment terms and flexible borrowing limits
- Automatic scheduled transfers
- Custom alerts on account activity
5. Elavon
Elavon is the ideal financial partner for convenient and frictionless payment processing and online transaction solutions. It understands that every camp requires the right payment solution to make the process more efficient for parents. It offers e-commerce, mobile in-app and digital wallet payment options, allowing you to receive funds in one unified platform.
You can receive various payment types, such as Visa, Mastercard, American Express, Discover, Apple Pay, PayPal and more. Its advanced virtual terminal has security features to protect your funds. If you want to make in-person payments, the bank offers POS systems, such as smart terminals, POS software and wireless options. Fill out the form online to get tailored recommendations.
Why Choose Elavon
- Got an A+ rating from the Better Business Bureau in Canada and the U.S.
- More than 30 years of experience
- No hidden fees and hard-to-understand agreements
Other Financial Services
- Seamless integration with your existing POS system
- Secure payment gateways, offering encryption and tokenization
6. Bank of America
Bank of America offers top-notch payment processing and online transaction services for summer camps. It provides business owners with the convenience of multiple payment options, including credit and debit cards and contactless methods such as Apple Pay, Samsung Pay, and Google Pay.
Funds are received on the same day when you have a Bank of America business checking account or the next business day. All transactions have end-to-end encryption and tokenization for security. You can also customize your own POS solution, depending on your needs. Contact a customer representative to find the right solutions for you.
Why Choose Bank of America
- 24/7 live technical support
- Has served over three million small businesses
- Cash Flow Monitor and Connected Apps for insights about sales trends and transactions
Other Financial Services
- All-in-one business checking account
- Comprehensive payment solutions
- Zelle capabilities, with no additional fees
7. Chase
Chase offers solutions for accepting payments at the grounds, on the go and on your website. Experience reliable payment processing features, online transaction services and banking in one place. It gives you fast access to funds, allowing you to receive deposits on the same day without fees.
You can use your Chase mobile app to wire funds domestically or internationally, pay employees and suppliers, and settle bill payments. The bank provides global transfers in local currency to over 140 countries. Automated clearing house (ACH) payment services offer a fast way to pay staff by sending recurring payments electronically. You can also send or receive money via Zelle. Chat with a Chase expert to find solutions for your business needs.
Why Choose Chase
- Reliable merchant services and digital payment options
- One-stop shop for your financial needs, including business analytics and payroll
- 24/7 live expert support
Other Financial Services
- Business credit and debit cards
- Loans and financing
- Invoicing solutions
8. U.S. Bank
U.S. Bank offers comprehensive financial services for summer camps. Its specialists are dedicated to helping you find the right tools so you can focus on running your campground. The bank accepts various payment methods, such as mobile, online, tap-to-pay, POS solutions and smart terminals.
Its POS software lets you accept funds, track inventory, set employee schedules and send invoices. U.S. Bank’s safety and security solutions help protect your data and mitigate fraud, allowing you a hassle-free financial experience. Download the mobile app to transfer money between accounts, deposit checks and manage funds. Visit the website to learn more.
Why Choose U.S. Bank
- Fast funding for improved cash flow
- No hidden fees and contracts
- Accepts all major credit and debit cards, contactless options and digital wallets
Other Financial Services
- Business credit cards
- Quick loans of up to $250,000
- Business checking accounts
How to Choose the Right Bank for Your Summer Camp
The right bank must align with your organization’s needs, budget and financial operations. Here are the key features to consider:
- Transaction fees: High transaction fees can decrease your revenue. Choose an institution that offers transparent pricing with low or zero hidden fees. Ask your potential bank for its setup and monthly charges.
- Supported payment methods: Parents appreciate flexible payment options. Ensure the bank can accept credit and debit cards, digital wallets, ACH, and automated payments.
- Security: Fraud prevention and security features are essential, especially when handling sensitive data. Look for fraud detection tools, two-factor authentication, tokenization, encryption and PCI compliance.
- Ease of use: You don’t want to experience technical difficulties during registration. The right bank must offer user-friendly dashboards, 24/7 live customer support and a mobile app for on-the-go management.
- Payout speed: A seamless cash flow is critical for any brand. Ask your preferred bank how quickly funds are deposited into your account. Some offer same-day processing, while others take two to three business days.
- Business account features: This keeps your camp’s finances separate from your personal funds, simplifying accounting. Consider a bank that provides customized credit or debit cards with enhanced security features.
Banks That Provide Payment Processing and Online Transaction Services for Summer Camps
The right financial partnership can improve your summer camp’s operations. Find a bank that can streamline your registrations, accept various payment methods and ensure secure transactions.
