As the challenges induced by COVID-19 continue to impact charities, Paysafe has deepened its support for organisations such as Austrian children’s charity Verein Kinderhilfswerk, providing a cash payment option for online donations using Paysafecash.
It comes as the fintech sector has taken on an increasingly important role in assisting non-profit organisations through a significantly challenging period.
Verein Kinderhilfswerk supports children and young people throughout Austria who have difficulties in the areas of mental health and emotional and social development. Socially disadvantaged children and their families are supported through counselling, therapy, diagnostics, prevention and experiential education projects.
Since 1999, Verein Kinderhilfswerk has helped many children and young people to improve their prospects for the future. With counselling centres in Vienna, Linz and numerous cooperating therapists in many provinces, support is offered throughout Austria.
“The introduction of Paysafecash as a payment option makes it easier for many potential donors to support our work, especially if they prefer making cash payments online,” stated Peter Begsteiger, chairman and managing director of Verein Kinderhilfswerk. “A number of factors supported our decision to form this important collaboration.”
The funds of donors are crucial to the wellbeing of not-for-profit organisations and Paysafecash expands this reach, catering specifically to people who prefer to use cash in their everyday lives and do not want to share personal data such as account or credit card information online.
Udo Müller, CEO of Paysafe’s eCash division, added: “Paysafecash provides a digital cash solution for organisations of all sizes and types. We are particularly happy to support the valuable work of Verein Kinderhilfswerk and are convinced that this will attract new groups of donors to the charity by offering a simple and secure alternative to traditional online payment methods.”