Country for PR: United States
Contributor: PR Newswire New York
Wednesday, July 28 2021 - 08:00
AsiaNet
Fast Launches Fast Donate, Allowing Nonprofits To Keep 100% Of Online Donations
SAN FRANCISCO, July 28, 2021 /PRNewswire-AsiaNet/ --

-- A revolutionary model for the industry, Fast Donate enables charities to 
forgo payment processing fees and apply 100% of online donations to projects

Fast( 
https://c212.net/c/link/?t=0&l=en&o=3239909-2&h=2206615187&u=http%3A%2F%2Ffast.co%2F&a=Fast 
), the world's fastest online login and headless checkout experience, today 
launched Fast Donate, becoming the first company to waive all credit card 
processing fees for online donations to non-profit organizations. With Fast 
Donate, donors can give to charities faster, safer and easier online using Fast 
Checkout( 
https://c212.net/c/link/?t=0&l=en&o=3239909-2&h=1320743511&u=https%3A%2F%2Fwww.fast.co%2Fcheckout&a=Fast+Checkout 
), while nonprofits can now use the funds entirely for their projects, instead 
of reserving portions for payment processing fees.

Logo - https://mma.prnewswire.com/media/1137816/Fast_Logo.jpg 

Nearly half of all worldwide donors( 
https://c212.net/c/link/?t=0&l=en&o=3239909-2&h=4233706892&u=https%3A%2F%2Fwww.funraise.org%2Fgiving-report%2Finfographics&a=worldwide+donors 
) in 2020 preferred to give online, paying with credit or debit card. Yet 
online contributions are often diluted by various fees that can be upwards of 
6%( 
https://c212.net/c/link/?t=0&l=en&o=3239909-2&h=3532243340&u=https%3A%2F%2Fwww.charitynavigator.org%2Findex.cfm%3Fbay%3Dcontent.view%26cpid%3D2014&a=upwards+of+6 
), covered either by the donor or the nonprofit. Fast Donate eliminates this 
obstacle, increasing overall donations, and ensuring every penny is in the 
hands of those who would benefit most.

"Nonprofits shouldn't have to worry whether payment processing fees cut into 
their funding. Following a difficult year, now more than ever it's critical for 
nonprofits to be able to keep 100% of their donations, instead of having 
millions of dollars siphoned off by banks and credit card companies," said Fast 
CEO and Co-Founder Domm Holland. "Fast made frictionless checkout a reality for 
consumers, and we're proud to bring this experience to charities that could 
benefit the most from Fast Donate."

Fast Donate uses the same technology that powers the company's signature 
one-click checkout, enabling instant donations without long-form fields. Now 
charities can deliver a seamless, trustworthy experience that occurs in a 
fraction of the time it takes for a traditional transaction. The company also 
enables headless checkout( 
https://c212.net/c/link/?t=0&l=en&o=3239909-2&h=1682272114&u=https%3A%2F%2Fwww.fast.co%2Fheadless-checkout&a=headless+checkout 
), allowing contributors to make one-click donations from anywhere on the 
internet.

Fast Donate is available in the U.S., the U.K., Canada, Australia, and New 
Zealand and will be available to all officially registered charities.

To learn more about Fast Donate, visit fast.co/fastdonate( 
https://c212.net/c/link/?t=0&l=en&o=3239909-2&h=3076114437&u=https%3A%2F%2Fwww.fast.co%2Ffastdonate&a=fast.co%2Ffastdonate 
).

About Fast
Fast's mission is to make buying online faster, safer and easier for everyone. 
Its Fast Login and Fast Checkout product enable a one-click sign-in and 
purchasing experience that makes it easier for people to buy and merchants to 
sell. The company's products work on any browser, device or platform for 
consistent, stress-free purchasing, either on a merchants own domain or through 
headless checkout on any other website. Fast invests heavily in its user 
privacy and security, with a Zero Fraud Guarantee on chargebacks for sellers. 
Headquartered in San Francisco, Fast is a privately held company founded by 
Domm Holland and Allison Barr Allen and funded by Stripe, Addition, Index 
Ventures, Susa Ventures and Sugar Capital. To learn more, visit fast.co.

Contact
Mission North for Fast
fast@missionnorth.com
+1 516-978-0005


SOURCE: Fast