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 with Wonderful Payments to make a donation.
Payments are cardless and instant. By eliminating the need to enter sixteen-digit card numbers, expiry dates, CVVs, the cardholder's name, address and postcode, we have removed unnecessary friction from the donation flow. What’s more, your donors’ details are protected by the bank systems they know and trust.
Add a Wonderful Donate button to your charity website whether as your sole means of donation or 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 which are required by the Financial Conduct Authority (FCA) to allow payments to be made directly to your charity bank account;
create an optional event-style charity fundraising profile at Wonderful.org (coming soon);
style and generate a custom Donate button and payment modal to use on your own websites and platforms;
view charts, graphs and Gift Aid data to help you understand and and analyse your donations.
We all need some wonderful news once in a while!