The charities' guide to growth through Open Banking - via OBIE
As a new milestone of 5 million users is reached, Open Banking continues to gain momentum, so what can charities gain from this fantastic financial technology?
In their recent guide for charities, the Open Banking Implementation Entity explore the benefits of this fantastic financial scheme when it comes to fundraising in the UK.
The guide gives us a brilliant overview of the benefits of Open Banking to charities right now and in the future, from significant cost savings to improved cash flow and better payment experiences for donors.
Read the guide
At Wonderful we couldn't be more behind Open Banking and its clear advantages for the Third Sector. It's why we exclusively use Open Banking payments to facilitate fee-free donations to registered charities, and it's Open Banking that allows us to offer this service at true scale.