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Even if you’ve been in payments for decades, no one in the industry can know it all. “There’s always something new to learn,” said Mary Gilmeister, AAP, NCP, President and CEO of Macha. She’s also the 2022 Dean of the Payments Institute (TPI) . This year …
NASHVILLE, Tennessee —Sustainers are the lifeblood of most nonprofits, and Nacha’s research shows an opportunity to convert regular donors to sustaining donors using ACH. “But what we found was that only 25% of donors are using ACH for their recurring …
While ACH is as easy as ABC in the payments world, not everyone knows about the benefits of using electronic payments. That’s where Nacha’s Industry Verticals team comes in. “Mention Direct Deposit and the light bulb comes on, but ACH is a whole lot more, …
When Nacha set out to revamp its Nonprofit Toolkit , the goal was to make it as helpful as possible for nonprofits looking to start or enhance a donation program using electronic bank transfer (ACH). An expert in the field of charitable giving is …
$484.85 billion. That’s how much Americans donated to charity in 2021, according to Giving USA. Of that total, 67%—nearly $327 billion—came from individuals. Now imagine the impact that could make if more of those donations were made by ACH. It’s a lofty …
NASHVILLE, Tennessee —In a New York City public school, barely 3 miles from Yankee Stadium, the idea that became DonorsChoose was born out of necessity. “When I started teaching in the Bronx, I saw firsthand that all schools are not created equal. My …
The Credit Union and the App Helping Nonprofits Reap 100% of Donations with Electronic Bank Transfers
When SPIRE Credit Union set out to help local nonprofits in its Minnesota community, it wanted to make sure each group received as much as possible, without losing money to fees. The key to that success lies in an app built around donating by ACH, or …
Summertime and the living is busy. At least for Nacha’s Industry Engagement team, which year-round promotes the benefits of ACH payments for specific industry use cases. High on that list are nonprofits, which recently brought the team to Atlanta for what …
ACH frees up time, money and energy so nonprofits can focus on what really matters: their mission. In creating a new ACH toolkit for nonprofits, Nacha undertook research to see what resonated with donor coordinators and donors. The goal was to ensure the …