NovaPay launches Cases for Charitable Foundations – an opportunity for fast and convenient fundraising

NovaPay has introduced a new tool for charitable organizations: Cases for raising and managing donations. Now, charities can open fundraisers and accept donations, monitor financial flows in real-time and generate statements, and Ukrainians can donate quickly and easily.

Among the benefits for foundations is the absence of account maintenance fees and fees for each transaction: the fee for accepting payments is only UAH 100 per month, regardless of the number of transactions. After closing the Case, all the funds raised can be transferred directly to the foundation’s NovaPay account free of charge and promptly and then to other institutions for the necessary purchases. Organizations can open up to 20 active raisings at the same time. Moreover, all financial processes – from viewing the balance sheet and history of enrolments to creating payment registers – can be conveniently controlled through the Business Cabinet.

How to open a Case in NovaPay for a charitable foundation:

• the foundation must be registered as a legal entity – a charitable organization and have an open account with NovaPay;
• apply for opening a Case through NovaPay Business Cabinet;
• get a unique page and payment details to raise money.

Also, information about charitable foundations and their raisings will be easily available in the ‘Payments – Charity’ section of the NovaPay mobile app. All active Cases will be displayed automatically, so users can quickly view information and donate.

“Regarding charity fundraising, it is important that the service is as convenient as possible for charities and donors. We have been cooperating with NovaPay and became the first customer to test the Case for Charities. We noted the ease of opening and setting up, the convenience of managing fees, and the clarity. All payments are processed quickly, and donors can choose a convenient contribution method. This allows us to focus on our core business – helping those in need – instead of administering financial flows”, – shares her experience Hanna Manoilenko, CFO of the Children of Heroes Charity Fund.

The NovaPay app launched a Case for private customers’ raisings and savings in autumn.

NovaPay is an international financial service that is part of the NOVA group of companies (Nova poshta). It has provided online and offline payment services in more than 3,600 Nova poshta branches for almost 13 years. NovaPay was the first non-bank financial institution in Ukraine to receive an extended NBU license, which allowed it to open accounts and issue cards.