Charity Checkout is a social enterprise that provides online payment services for charities. The company was formed in 2009 and the companys’s headquarters are situated in Hertfordshire.
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Overview
Charity Checkout provides charities with both credit/ debit card and Direct Debit payment processing facilities. The company is a registered HMRC Gift Aid agent and also processes Gift Aid on behalf of its charity clients.
History
The company was founded by Chester Mojay-Sinclare in 2009, and its flagship payment service Charity Checkout was launched in 2011. Mojay-Sinclare was still a student when the company was launched, and was already renowned for his innovative entrepreneurial ideas, including a widely publicised project that involved the launch of a potato into near space. In 2012, the company secured an undisclosed six-figure investment and began expansion across the UK. The company now employs over ten people and according to Mojay-Sinclare is looking to expand further.
In 2014, Charity Checkout was selected for The Big Venture Challenge, a lottery funded programme offering up to £2m in investment for social enterprises in the UK.
Clients
Charity Checkout reports to have raised over £10m for charity and has over 1,000 charity clients, including Citizens Advice, MTV Staying Alive Foundation and The Royal Society of Arts.
Fees
The credit/debit card transaction costs for Charity Checkout are 2.43% of the gross donation (including Gift Aid).