New payment system deposits charity funds directly into secure sub-account
Givergy’s new marketplace payment system, Stripe Connect, will officially launch globally in April 2017. This partnership provides a seamless and centralised payment experience, from our headquarters in the UK to territories all over the world including USA, Canada, Australia and Hong Kong, accepting payments in 136 currencies.
Stripe are the leaders in global payment solutions and their very latest technology, Connect, enhances our ability to provide best-in-class customer service, eliminating any risk of delayed charity payment by removing Givergy as the aggregator as well as the need for manual reconciliation. With Stripe Connect, post their fundraising event or online campaign, charities will now get paid automatically at the end of their payment collection period into their very own secure sub-account.
This is a testament to our ethos of going above and beyond in order to ensure that charities receive their full funds as quickly as possible so they can continue their incredible work.
Rachael Kirkham, Head of Client Services, said: “Stripe is fundamentally changing the way we work with our charity partners. Anyone in the world can donate or participate in an auction at any point in time and the charity will receive their funds raised quicker and fully reconciled than ever before.”
Givergy are always looking for the latest in technology developments to assist their charitable clients and if you have any questions about how you can use Givergy’s services with Stripe Connect payment for your next fundraising initiative, please don’t hesitate to get in touch.