Donors who are donating over $50 will have the option to donate via their bank accounts (ACH). Donating via a bank account provides lower processing fees for the donor and the organization.
The checkout process will prompt donors to securely log in to their bank accounts through the Plaid payment gateway. Donors will sign in to their accounts, select the bank account they would like to use and complete their gifts.
Over 10,000 financial institutions utilize Plaid. Plaid connects to your bank account so that it can create a secure connection between your financial institution and the applications that need financial information. Plaid uses that connection to your bank account to pull the data your financial applications need while still protecting your sensitive information. Plaid may pull data such as an account balance or account numbers needed for deposit or withdrawal. However, this is done using encrypted, protected tokens to shield your actual account information.
Donors may also select a different payment method on the donation page if they so choose, including Debit or Credit Card, ApplePay, and or PayPal/Venmo. Donors are not required to use ACH.
To do so, select the dropdown under Payment Method and then click Bank Account. Once Bank Account is selected, click Link Bank.
This will prompt you to securely log into your bank account through the Plaid payment gateway.
If you have any further questions, please contact us at support@mightycause.com.
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