The NextGen grant card for charities is here!
Prepaid grant cards are issued to individuals meeting the charities criteria, and are preloaded with funds, holding a specific value and used to make purchases up to the amount stored on the card. They offer a new and revolutionised way to provide and access grant payments. Using this medium for grant payments comes with huge benefits.
For Grantors:
- Reduces the time and cost of presenting individuals with their grant awards.
- Offers a grant payment solution that is fully tailorable around the individual needs of an institution.
- Keep track of grant transactions online, with extensive reporting and searching tools.
- Fundd uses prepaid cards as one way of awarding grants. Please see the terms and conditions below, and the grant terms and conditions for more information on how grant cards should be managed.
For Grantees:
-
Leveraging a CRM and ECC system to aid grant payments makes it possible to meet the pressing needs of grantors and grantees through the prepaid card option, as well as existing processes.
-
An automated and complete management of the grant process flow is created, beginning with a grantee application and ending with grant award.
- Flexible for organisation’s needs. The solution can be integrated with the current methods of cheque and bank transfer payment.
- Enables funds to be easily tracked, managed, and reconciled with real time transaction data.
