Charities exist to help communities, further causes, and provide assistance where it is most needed. However, a payment system that controls the speed and effectiveness of money reaching the organization is hidden behind every donation. Cash flow, fee structures, and the donor experience are all influenced by the payment settlement...
How Micro-Donations Can Add Up—and What They Mean for Processing Fees
Small donations, which are usually between $1 and $10, have assumed outsize importance in the world of fundraising. A few dollars at a time, whether a finger tap on a mobile donation button, a checkout-line roundup, or a $2 show of support on a crowdfunding platform, these small gifts are...