‘Sorry, I’ve only got my card’, is a term most charities are now more than familiar with. In the UK, cash payments are in steep decline due to the popularity of contactless card payments. As we move towards a cashless society, charities are now looking to develop their fundraising efforts by introducing contactless donation points.
We have now launched “Charity Point” Contactless giving terminals. Our ‘Tap to Donate’ terminals easily and quickly allow people to make a donation with just the tap of their card. To make a donation, consumers can simply select the amount they would like to donate and place their contactless card or device to the front of the box. Our “Charity Point’s” accept all major cards, as well as Apple Pay and Google Pay.
The Guardian have reported that coins and notes were used for 40% of all transactions in 2017, compared to 2026, where a further decline is forecasted for cash to only account for 21% of all purchases. This figure can be supported by GlobalData’s 2018 Consumer Payments Insight Survey, where 62% of participants in the UK were said to have a contactless card which they use for contactless payments. With cash usage on the decline, it is ever more so important for charities to secure donations from contactless payments.
As well as eliminating the obstacle of consumers not using cash for payments, contactless technology could benefit charities in more ways than one. Installing contactless terminals instead of collection buckets could help to save time, increase the donation amount, and overall make it easier for staff.
If you would like to find out more information on our “Charity Point” Contactless giving terminals, please get in touch.