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Donate spare change automatically with Bstow
- 1. Donate spare change automatically
- 2. What is Bstow? Bstow lets people donate spare change automatically from everyday purchases to their nonprofit of choice.
- 3. 62% of people prefer online giving, but only 7% of donations in the US are made digitally. Bstow makes donating easy. With Bstow, people can automatically support causes they care about every day, and nonprofits benefit from recurring revenue and increased donor retention. Why Bstow? $25 Average monthly donation per donor Month-to-month donor retention >90%
- 4. How does Bstow work? We link up to your credit card, debit card or checking account to round up each purchase to the nearest whole dollar and donate the difference. For example, if you make a purchase for $23.17, Bstow rounds up to $24.00 and donates $0.83.
- 5. What types of accounts does Bstow support? Bstow allows your donors to link up their credit cards and debit cards from US banks (18,000+ total) and major credit cards.
- 6. Does Bstow round-up for transactions made online? Yes. Because Bstow connects through your credit card, debit card or checking account, we round up on all transactions made through your linked account, whether online or at a physical location.
- 7. How do donors track how much is donated? Bstow sends monthly and annual donation receipts via email. Donors can also login to Bstow at any time to view their roundup totals or send themselves a donation receipt. All donations made through Bstow are tax deductible.
- 8. How will transactions show up on a donor’s bank statement? Bstow virtually rounds up their spare change throughout the month. Then we add it all together and make a donation at the end of the month. Donors will only have one donation transaction per month. It will show up as “Bstowapp via MakeMyDonation”
- 9. How do donors make sure they are giving within their means? Donors can set a monthly limit on their donations. The minimum monthly limit is $5. To choose a monthly limit, go to Bstow’s “Settings” page and select “Monthly Limit.” Donors can also pause their round-ups at any time.
- 10. What are Bstow’s processing fees? Bstow deducts the following fees from the total donation:
- 11. Bstow uses best practices for major banks to secure information and do not hold any sensitive banking information on file. We have multi-factor authentication, automatic logouts, and encrypted passwords to keep you safe. Some of the world’s best brands trust Bstow. Why should I trust Bstow?
- 13. How do I sign up my nonprofit? Our program for nonprofits makes it easy to launch a successful “round-up campaign.” Benefits include: Sign up now at www.bstowpartners.com/signup
- 14. What are my next steps? 1. Email Jayme at jayme@bstowapp.com with any questions 2. Signup for our nonprofit program at www.bstowpartners.com/signup 3. Interested in a branded version of Bstow with your organization’s logo, colors and messaging? Learn more at www.bstowpartners.com and get in touch!
- 15. What if I have further questions? Email jayme@bstowapp.com