Booster Club banking
Simplify your booster club's finances
- Digital banking* designed for booster clubs.
- No subscription fees or minimum balances.
- Built-in tools for payment collection, expense management & more.
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.
Collect
Easily collect funds from members and supporters
- Request, accept & track incoming payments.
- Accept multiple payment methods โ Apple & Google Pay, credit, debit, POS, cash, check & ACH.
- Collect for dues, fundraisers, merchandise sales, events, or you name it!
transparent Spending
Stay on top of your budget
- Issue budgeted digital cards to booster club members.
- Make purchases with club funds, no reimbursements necessary.
- Track member spending with online receipts.
See how Crowded stacks up:
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 |
No monthly fees |
|---|
Venmo* |
Cheddar Up |
Square |
Outgoing ACH fee |
|---|
Venmo* |
Cheddar Up .75% |
Square 1% |
Payment Tracking |
|---|
Venmo* |
Cheddar Up |
Square |
Payment Reminders |
|---|
Venmo* |
Cheddar Up |
Square |
Collection Links |
|---|
Venmo* |
Cheddar Up |
Square |
Resources for booster club finances:
Want to learn more?ย View All
Venmo for booster clubs may seem convenient, but its limitations in financial reporting, security, and tax compliance make it unsuitable for managing club finances. Learn why booster clubs should explore better payment solutions.
Learn how to make the payment process frictionless for your booster club's members.
Your questions,
answered.
Want to chat? Contact us.
Why should a booster club use Crowded
Crowded is a financial platform that offers booster clubs an easy way to collect, spend and manage money online.ย
Booster clubs are constantly collecting moneyย โ bake sales, donation drives,ย membership fees, and etc. Using Crowded to collect these funds from others is safe, easy and trackable.ย
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.ย
Also, useย Crowded Rewards to generate extra income for your booster club!
What's the difference between Crowded and Cheddar Up?
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.ย
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%.
How is Crowded different from Venmo or Paypal?
With collecting with Crowded, you can avoid constantly transferring funds between payment apps and banks to access your groupโs money. Utilizing embedded finances, Crowded enables your group to bank, collect, and spend with just one platform.
Can Crowded help booster clubs file annual taxes?
- Filing of Form 990
- Support for tax and group exemption processes
- EIN setup and upkeep
- State-level tax exemption compliance
Is Crowded free?
Crowded accounts areย freeย to set up โ we have no minimum balances or subscription fees.
What do we charge for?
When processing payments, we charge 2.99%, min of 60ยข of the amount if paid by card, and $5 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.
Ready for simpler booster club finances?
- Enter in your booster club's details
- We verify your identity & organizational info
- Your account is open & ready to use!