Bitpay and other payments providers do not charge nonprofits any transaction fees, meaning that the entire donation goes to charity. One organisation which has already discovered the benefits of bitcoin is United Way Worldwide, which earlier this month became the biggest privately held charity to accept bitcoin via Coinbase.
Greenpeace only accepts donations from individuals, not corporations or governments. The cost of these individual, small transactions quickly add up because credit card companies still generally charge nonprofits the same transaction fees as corporations.
Greenpeace blogger Cassady Sharp said: “The majority of our support comes from individual donations made by thousands of people across the country. [This] mean[s] that we have to be constantly evolving to ensure that donors are able to support our important work in the way that’s most convenient for them.”
A new charity fundraising platform goes live this month – and 100% of donations will go directly to supported charities. The Wonderful ... read more
Funding will help to address critical humanitarian problems around the world
Tech for Good programme invites applications to help more charities achieve social change through technology
Colleagues at Shop Direct have raised £210,000 in just 12 months to support the development of a new digital app for Alder Hey Children’s Hospital