Fee-Free Transactions + Accurate Record Keeping
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The good news: $400 billion is donated to nonprofit organizations every year.
The bad news: $4 billion of that never makes it to the organizations, instead ending up with credit card companies, merchant services or donation platforms in the form of transaction fees.
But Encast is committed to making sure everything that is given, is given away.
That’s where Dwolla—which charges no transaction fees to Encast’s users—comes in.
Encast is a cloud-based system designed to make it easier for employers to offer their employees a way to donate. With more than 1.8 million organizations in their database, employees using Encast can set aside money from each paycheck—similar to setting up an automatic contribution to a 401(k)—and choose which nonprofit organization to donate to.
“I believe it’s wrong that when someone makes a donation to a nonprofit, money is taken away from the nonprofit’s pockets. Luckily, Dwolla has this fee-free mechanism on the transaction side that allows us to meet our promise of never charging transaction fees to nonprofits.”
Dwolla allows Encast to offer donations with no transaction fees and is an upgrade from the manual spreadsheet they were using to manage donations.
“Dwolla has reduced stress and increased accuracy substantially. We’ve had no errors whatsoever in tracking donations since integrating with Dwolla. Dwolla helps me honestly say that anything that was given, was given away.”
See The Dwolla Difference
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