Although fundraisers and donors may not appreciate the impact of card-processing fees, UK charities are acutely aware of transaction costs. For example, the amount deducted from donations made via the UK's largest fundraising platform is 1.9% + 20p per transaction. For the average donation of £40, card-processing fees are close to £1.00. For a £500 donation, the charity loses £9.70 in card fees.
At Wonderful Payments, we've slashed the cost of payment processing to a flat-rate 10p per transaction with no percentage charges - that's a 90% saving on the cost of processing an average donation.
Wonderful payments are processed using secure online or mobile banking to transfer funds directly from the donor's bank account to the charity's. There is no need for donors to create an account to make a donation.
Payments are cardless and instant - eliminating the need to enter sixteen digit card numbers, expiry dates, CVVs, the cardholder's name, address and postcode - removing unnecessary friction from the donation flow. Furthermore, your donor's details are protected by the very same bank systems they already know and trust.
Add a Wonderful Donate button to your charity website - or include it as an alternative to sit alongside any existing payment options. We guide your donors through the simple process of making a donation:
If the donor is already using a mobile device to view your charity website, steps 2, 3 and 4 are not required.
Once logged in, you'll be able to:
Upload documents required to enable your Wonderful Payments account;
Configure your Donate button to a style which fits neatly with the design of your own website;
Create a Public Profile page on the Wonderful Payments website for your charity (optional) to allow supporters to donate directly to your charity;
View and download transactions via our intuitive Dashboard.
We all need some wonderful news once in a while!