Online payment processing company Charity Checkout has now helped charities raise £2.1 million in donations since January 2012.
The volume of growth has increased considerably in the past year, especially since it introduced its Direct Debit service for small charities. The social enterprise processed the second million pounds in just the last six months.
Having now processed almost 40,000 donations, it reports an average donation value of £56.61.
Charities new to online fundraising
With its support for smaller charities, the company reports that more than half of its 1,000 charity clients have not fundraised online before using Charity Checkout. In addition, it claims that over two thirds of the donations it has received represent new income for the sector.
Chester Mojay-Sinclare, founder of Charity Checkout said:
“We specialise in supporting small charities that find the costs or technical requirements of traditional payment processing prohibitive. The industry status quo is to charge smaller organisations more to compensate for their low transaction volume. We take the opposite approach offering discounts for smaller charities to ensure our payment service is accessible to all good causes. We’re delighted to have reached the £2,000,000 landmark, but there is still a lot more to achieve and many more small charities to help access online donations.”
Charity Checkout charges a transaction fee of 2.43% on all donations with an annual subscription from £99 per year.
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