![]() Venmo gives your donors a peer-to-peer fundraising option with seamless integration to your bank account. ![]() Mobile payment services like Venmo allow for convenient donations without the need for the donor to open their wallet and type in their credit card information, serving as a peer-to-peer online payment service. With the rapid adoption of these payment methods, experts project online donations to nonprofit organizations will increase more than tenfold in the year ahead. According to research, more than a third of all donations received by nonprofits come through digital payments, with peer-to-peer platforms and even cryptocurrency donations to nonprofits on the rise. Over the last decade, we’ve seen the rise of e-wallet services like PayPal, and more recently, Venmo. As a nonprofit, you’re always looking for new donation opportunities and even new donation tools as part of your digital strategy.
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