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3 reasons to go cashless for your next fundraiser

May 22, 2024

3 reasons to go cashless for your next fundraiser

Imagine going to the grocery store or Target to pick up a list of things you need. You're at checkout and don't have enough cash on you. And there's no way to pay by card. Nightmare, right?

Well, think about how your supporters feel when they show up to your school fundraiser or event and you only accept cash. You’re making it harder for the people who want to buy your spirit wear in-person, purchase an event ticket at the door, or make a donation to your organization using their credit card.

In these days where cashless payments are the norm, it’s expected that you’ll have a quick and easy way to process credit card transitions in-person. Being able to pay by card isn’t just something your supporters want, it’s something your organization needs to make managing your financials way easier. 

While your organization may have unique and specific needs that make using a mobile point-of-sale (POS) system a requirement, there are three reasons for going cashless that are universal.

Make it easy for people to pay you

There’s nothing easier than paying for something by pulling out a credit card to tap or swipe. Payments with a mobile POS system take just seconds so you can quickly get people on their way.

Going cashless also means you don’t have to worry about having the right change available or making sure your math is infallible. 

Plus, with a mobile point-of-sale system, you can automatically send electronic receipts to your supporters so you’re not busy trying to fill out slips of paper that end up getting lost in pockets or purses. Everything is tracked and easily accessible electronically whenever you need it.

Reduce fraud risk

You’ve seen the headlines before. Whenever you have cash hanging around that’s not being immediately tracked after it's been handed over, there’s a risk some of it could disappear. All it takes is a second.

Reducing your reliance on cash by using a mobile POS system decreases the chances something could go wrong and having that piece of mind is a relief, especially for your Treasurer. 

And, mobile POS systems like the one Givebacks uses ensure secure processing of credit card information with bank-level security so your supporters can be confident that their details are safe. 

Save time managing your financials

Easy to use reporting from a mobile POS system makes reconciling your organization’s cash flow a breeze.

If you’re a Givebacks customer pairing your credit card reader with the Givebacks POS app, you’ll also be able to track any cash transactions that do happen and when you sell products from your online store, inventory is automatically adjusted.

Are mobile POS systems expensive?

Of course the cost of a mobile POS system is an important factor in going cashless, especially for school-based nonprofits. Fortunately, they’re not as expensive as you think.

While some credit card readers can be on the pricey side, others (like the one Givebacks uses) are extremely affordable for PTAs, PTOs, booster clubs, and schools.

As you’re planning your next fundraiser, why not do everything you can to make it easier for your supporters to pay and for you to track payments? Setting up a mobile point-of-sale system is simple and will save you tons of time, stress, and paperwork in the long run.