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Blackbaud Enhances Payment Processing with Integrated Payments Solution

Blackbaud, a leading provider of software designed to empower social impact initiatives, has unveiled its new payment processing solution, known as Blackbaud Integrated Payments. This innovative platform extends the functionality previously offered under Blackbaud Merchant Services, allowing a seamless integration with a variety of third-party software applications using Blackbaud's Payments API®. This evolution aims to create a more cohesive experience for nonprofits and their supporters, streamlining the donation process for initiatives like tuition payments, tickets for events, and donations.

Expanding Payment Capabilities for Social Impact

The introduction of Blackbaud Integrated Payments allows social impact organizations to benefit from a range of advanced payment processing features while maintaining a solid and reliable infrastructure. Businesses and nonprofits will see enhanced capabilities that include an optimized checkout experience, automated updating of credit card information, superior fraud detection mechanisms, and simplified reconciliation processes. This user-friendly approach not only reduces administrative burden but also ensures that organizations can focus more on their missions rather than financial management tasks.

Jerry Needel, Blackbaud's Chief of Product Innovation, expressed enthusiasm about these advancements, stating, "We are excited to unveil Blackbaud Integrated Payments as part of our ongoing efforts to simplify and enhance the donation processing experience for our customers. This solution provides the flexibility necessary for social impact organizations to innovate without compromising the reliability or the quality of the donor experience."

Integration with Third-Party Solutions

The versatility of Blackbaud Integrated Payments enables organizations to utilize third-party solutions and integrate them with the payments system. This flexibility is essential for NGOs needing specific tools for fundraising activities. For instance, North Carolina Coastal Federation has partnered with GivBee, a Blackbaud Partner, to implement text-to-give capabilities using Blackbaud Integrated Payments. Kelly Bodie, Membership Director at North Carolina Coastal Federation, reflected positively on the integration: "This combination between GivBee and Blackbaud is superior to any other tool I've considered. Now we can send personalized texts to donors with payment links, making the giving experience much smoother while simplifying our administrative processes."

Several other partners like Almabase and Pledge have also embraced the payments API to enhance their offerings. Almabase regards this partnership as a revolutionary step, stating, "Our integration with Blackbaud Payments API allows nonprofits to engage alumni, manage events, and facilitate social giving without interferences to their existing back-office operations. It's a perfect solution for our clients."

The YourCause Integration

Coming later this year, Blackbaud Integrated Payments will enhance its offering through an integration with YourCause, Blackbaud’s corporate social responsibility solution. This exciting feature will introduce an Expedited Giving functionality, allowing corporate donations to reach nonprofits more efficiently by increasing the speed of fund transfers. Nonprofits can expect to receive donations from employee giving programs up to 95% faster than current methods. This feature also directly links donors to tax receipts from nonprofits, incentivizing participation in corporate matching gift programs.

Key Features Standing Out

1. Raise More, Save More: Organizations migrating to the optimized donation forms linked with Blackbaud Integrated Payments are benefiting from up to a 30% increase in conversion rates and a remarkable 40% uptick in total donations.
2. Popular Payment Options: The platform provides social impact organizations with options to select from various integrated fundraising solutions while instilling the benefits of established Blackbaud payment processing systems.
3. Expedited Giving Functionality: Aimed specifically at YourCause customers, this function streamlines employee engagement in giving, enabling nonprofits to receive funds without administrative hassles, drastically enhancing operational efficiency.

Blackbaud Integrated Payments is tailored to support social impact organizations in maximizing their fundraising capabilities. By implementing a unified, flexible payment solution, Blackbaud continues to empower various organizations in their quest to foster social change and advance their goals effectively. Interested parties can find more information about this powerful new solution and its partners on Blackbaud's official website.

About Blackbaud

Blackbaud, listed on NASDAQ under the symbol BLKB, is dedicated to powering social impact globally. The company's software serves nonprofits in fundraising, financial management, grantmaking, and corporate social responsibility. With a presence in over 100 countries and operations in various nations, Blackbaud continues to facilitate significant change and empower missions that have a far-reaching impact. Notably, the company has been recognized in numerous reputable lists, such as America's Most Responsible Companies and Best Employers.