Open Banking Expo - with Amnesty International CEO, Sacha Deshmukh ποΈ
In this special edition of the Open Banking Expo Unplugged podcast, to coincide with the #GivingTuesday social media campaign running throughout November...
...Ellie Duncan is joined by Kieron James, founder and CEO of Wonderful, who explains how the online giving platform has implemented Open Banking-enabled account-to-account payments to achieve 100% fee-free charitable donations. Sacha Deshmukh, CEO of Amnesty International UK, also joins the episode to reveal the organisation's interest in Wonderful and Open Banking payments to save on card processing fees and administrative costs.
We wanted to bring a fundraising platform into the virtuous circle of fundraisers, donors and charities.
The floodgates opened and we realised that we had created a success paradox. Every single penny of corporate sponsorship went to cover card processing fees. We wanted to do something about that.