Fintech Phos links with Givt to elevate charitable transactions


Elevating the way transactions are made, Phos has partnered with charity donation platform Givt

The fintech is seeking to enable churches to receive contactless donations at Christmas time when contributions would normally be heightened.

Brad Hyett, CEO of phos, commented: “We’re proud to be working with Givt to support fundraising efforts over the festive period and onward into 2021. Charities have been among the hardest hit by the pandemic this year and we want to equip them with tools to adapt and thrive in this challenging new environment.

“Christmas is the busiest time of the year for many churches and a critical period in the fundraising calendar. Our mobile POS solution will help them to maximise fundraising whilst the rate of cash donations remains low and empower them to connect with their community safely and securely. 

“The events of this year have been met by an outpouring of generosity and acts of kindness from millions of people in the UK, so it’s more important than ever to provide those who want to give this Christmas with a safe, accessible and effective channel to do so.”

As part of the partnership, Givt will deploy the solution in the run-up to Christmas so that churches can accept contactless payments.

A select number of churches across the UK will be the first to trial this technology as part of the new scheme, with a plan to roll out the platform more widely across the country in 2021. 

Following COVID-19 pandemic, a report by the Charities Aid Foundation in October found that cashless donations have increased substantially since the start of the year. Meanwhile, the number of donors making cash contributions – usually the UK’s most popular way of giving – remains significantly down on previous years. 

Sjoerd van Oort, Givt added: “After seeing how hard the charity sector has been hit this year, we’ve worked hard to help those charities, in this case churches, in our network to mitigate the negative effects of the pandemic via our giving solution, which can be used in both a physical and online environment. 

“We wanted to take this a step further and provide them with another method to receive contactless donations, one which is accessible to all churches as well as to all donors.

“The phos solution is cheaper to deploy than other contactless payment alternatives and is a perfect partner for Givt. For those donors with smartphones, Givt can facilitate a donation. But for those that don’t or who prefer to use their card, we can now offer them phos. This scheme will go a long way to democratising contactless payments in a church and charity environment, and will set them up to maximise potential donations as we move into 2021.”