During the COVID-19 pandemic, many organizations are shutting their doors and suspending gatherings at the guidance or direction of public health authorities. While services may have stopped for now, financial needs of organizations have not, including continued funding of programs, facilities and staff.
Organizations not currently set up with an online platform could consider communicating to members, attenders and the public at large about continued giving and donations through their own bank's online bill pay program.
Most banks and financial institutions offer an online bill pay mechanism to their customers, typically without a fee. While the process will vary from bank to bank, generally this involves the customer:
For additional details, individuals should contact their bank or financial institution directly about its online bill pay program. In addition, there are third party services such as Venmo that enable person-to-organization transfer of funds, although the fees and practices of third party services typically vary.
As a matter of financial stewardship and to allow individuals an opportunity to provide continued support, many organizations offer online or electronic giving platforms.
An electronic giving platform provides individuals with a convenient and consistent way to give remotely. Several third-party giving platforms are available. Choosing the right one depends on the needs of your organization. Considerations in selecting an electronic giving platform include:
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