)
)
Over the past few weeks, our team has been working to launch a new donation app called Donate Direct — designed to raise funds for charities and crisis workers on the front lines of COVID-19.
Donate Direct is one of the first of its type to run on Payment Initiation technology. Currently, technical solutions for charities charge a monthly subscription fee or take a percentage. We’ve made Donate Direct entirely free to use for charities.
Donating via Donate Direct is simple:
Selecting your preferred charity
Selecting an amount
Logging into your bank via a secure connection
and… done!
No fees. No commercial interest on our side. 100% of your donation goes directly to the charities’ bank account.
We are currently supporting a number of deserving charities through the app including:
Luke Wiechula, Corporate Partnerships Officer at FareShare, said:
“We are doing everything we can to continue to deliver food to vulnerable people during the crisis. Our service has never been more important, which is why we really welcome Donate Direct. By cutting out admin and transaction costs, it will enable all of the donations we receive to go directly to supporting the people who need it the most.”
)
Help us raise funds by donating and sharing Donate Direct with your friends, family, and social networks.
The shift to digital-only finance is accelerating as people and businesses increasingly need access to financial support. Developers need fast access to reliable infrastructure to build new products that enable society to give and receive financial aid. TrueLayer is committed to providing solid foundations and removing complexity so you can keep innovating.
Waiving our platform fees
Our open banking Platform powers a range of use cases that help to reduce manual and in-person processes. As mentioned in an earlier blog post, we are offering the free use of our platform to anyone working to minimise the impact of COVID-19. Contact us to learn more.
)
Working with Coconut to support self-employed people
We’ve partnered with the team at Coconut to launch The Campaign For The Self Employed, which includes a tool that helps self-employed people to verify income so that they can receive financial aid from the government. The tool uses our Data API to analyse and categorises transaction data for self-employed people so they can submit it to HMRC. We also contributed to a similar project, COVID Credit, from the team at 11:FS and Credit Kudos.
Increasing speed and flexibility of SME loans with Capital on Tap
We’ve partnered with the team at Capital on Tap to increase the speed and flexibility of SME loans, making it easier for businesses to access finance. Using our platform, Capital on Tap customers can now access additional financial support — either by reducing the amount of their regular monthly payments or temporarily increasing their credit limit to get them through the next few months.
Useful resources for tech companies
Free and discounted access to services
Forbes has compiled a list of startups offering their services at discounted rates or with accelerated deployment to other businesses.
)
Founders forum
Indie Hackers has created a forum for founders to connect to discuss challenges and share ideas for leading a company through the pandemic.
Best practices for remote work
Stack Overflow has worked remotely for over a decade, and they have some great advice on how to remain effective and keep teams motivated while working from home.
We’ll get through this together
Don’t hesitate to contact us. Whether you’re a current customer or a developer looking to build new financial products, you can rely on our support and infrastructure.
)
3 tipping points for change within ecommerce payment experiences
)
How to reduce ecommerce cart abandonment
)
