Cookie Sale Banking
Money Management is an integral part of the Cookie Sale as well as one of the 5 Skills girls learn from the Cookie Program. We're happy to annouce two new changes to the way Troops handle the financial management of the Cookie Sale: ACH Payments and Mobile Pay.
ACH Troop Cookie Payment
This year brings big changes for depositing cookie money and paying your troop's share to Council. Instead of depositing into Council's bank account, troops will deposit checks into their troop account. In order to participate in the cookie sale, your troop must submit the ACH Electronic Debit Authorization Form to your Service Unit Money Manager with a copy of a voided check no later than January 1, 2014. In order to sell cookies, your troop must have a troop bank account registered under Council's tax ID.
Test Payment - February 1 - $1 (to be reimbursed with Payment #1)
Payment #1 - Two weeks after initial order delivery (February 22 - March 8, 2014) - $2 per package based on 50% of the Girl Initial Order
Payment #2 - March 20 - $2 per package, calculated on 75% of total troop order, minus Payment #1
Payment #3 - April 10 - Remaining balance due to Council
For more information on this exciting new change to the Cookie Sale:
Mobile Credit Card Payment via Capital One Spark Pay
The Nation's Capital Council identifies Spark Pay by Capital One as the preferred provider for a mobile payment acceptance platform. Payments must be accepted using a Spark Pay reader device registered with Spark Pay and attached to a supported smart phone, PC, or tablet with the required application. Council cannot support use of other service providers, and troops enter into such agreements without Council endorsement or assistance.
General information on the Spark Pay by Capital One service can be found below: