Direct Payment can be used to make and receive payments. With Direct Payment, you can simplify the payment process for your organization and your donors, and free up time, money, and energy to devote to your organization’s mission.
By implementing Direct Payment in your organization, you can automate your accounts payables by making electronic payments to your vendors and service providers. This can allow for better cash flow management, along with easier reconciliation and reporting.
You also help support environmentally sustainable practices: Electronic payments reduce the use of paper and its impact on the environment.
With Direct Payment, donors can give to your organization directly from their bank account. This can reduce the fees your organization pays for card transactions and donor loss due to expired cards, and increase the donation dollars put towards your organization’s cause.
Additionally, Direct Payment can help retain donors by encouraging automatic, recurring gifts. Using Direct Payment, your donors set up and control the timing and amount of a regular donation.
Your Direct Payment transactions are safe: Unlike a paper check, which passes through many hands, account numbers remain confidential. You can also consult with your financial institution or payroll provider to learn about additional sound business practices to protect sensitive data.
ORGANIZATIONS BENEFIT WITH DIRECT PAYMENT, SAVING $1.50 OR MORE PER PAYMENT
Visit our calculator for a quick estimate of the savings your business can achieve using Direct Payment.
Direct Payment via ACH is easy to set up and use. Simply contact your financial institution or service provider to set up the service. Most payment software packages now include Direct Payment as a standard feature.
Once set up, contact your vendors and service providers directly to authorize the regular electronic transfer of funds, and begin promoting Direct Payment as a new giving option to donors and others you receive payments from to help encourage use.
Use these resources to support Direct Payment implementation in your organization and to promote this payment option to your donors.
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