# Payment processing is getting cheaper

- Link: https://fundraising.co.uk/2012/01/09/payment-processing-getting-cheaper/
- Published: 2012-01-09T09:05:05+00:00
- Author: Howard Lake

**With the launch in early June last year of [CharityCheckout.co.uk](http://www.charitycheckout.co.uk),
which has now gone commission free, and the recent announcement of the [CAF Giving Widget](https://www.fundraising.co.uk/caf-offers-giving-widget-enable-donations-any-website),
it seems that competition in the charity payment processing market is warming up.**

This is good news for small and medium sized charities that may not have the revenue
required to negotiate a deal directly with the banks for their merchant account.
These new services allow charities to receive one-off and regular donations directly
via their website and social medial profiles, without the need for a merchant account.

Until recently, many charities linked their website’s donate button directly to 
their JustGiving or Virgin Money Giving profile. This is a high-cost approach that
is far from ideal, redirecting donors to independent third party websites to make
their donation is a no-no.

## Advertisement

CharityCheckout.co.uk offer its charities the ability to set-up an unlimited number
of branded payment pages, so they can run specific campaigns and track donations
from multiple sources. Similarly, the CAF Giving Widget is an integrated tool that
fits into your charity’s website. These new services both provide charities with
their own payment-processing tool and a Gift Aid reclaim service to help lighten
the administrative load.

There are also alternative service providers, although they only offer one-off donation
options. These include: Charity Choice, MY Donate, My Charity Page and others. Nevertheless,
since 37% of donations are via regular payments, charities will still have to find
another payment processor who can handle recurring payments if they are to make 
the most out of their online presence. It also seems that many of these providers
do not offer an integrated or branded payment process.

So, between the main providers of regular and one-off donation processing, which
offers the best value and features?

![Charity Checkout comparison table of data](https://www.fundraising.co.uk/files/
u11/charitycheckout_comparison.jpg)

Chester Mojay-Sinclare, who recently represented the UK at the prestigious Global

Student Entrepreneurship Awards, after graduating

**Chester Mojay-Sinclare is CEO of [Online Giving Ltd](http://www.charitycheckout.co.uk/AboutUs.aspx).**

 * **[Halifax and Bank of Scotland to end charity credit card programme](https://fundraising.co.uk/2012/01/29/halifax-and-bank-scotland-end-charity-credit-card-programme/)**(
   29 January 2012)
 * **[Credit and debit card turnover at charity shops up 103% in 2011, says CardSave](https://fundraising.co.uk/2012/03/19/credit-and-debit-card-turnover-charity-shops-103-2011-says-cardsave/)**(
   19 March 2012)
 * **[Top 100 charities experienced increase in income, says Charity 100 Index](https://fundraising.co.uk/2012/03/27/top-100-charities-experienced-increase-income-says-charity-100-index/)**(
   27 March 2012)

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