Blackbaud Launches Blackbaud Integrated Payments, an Expanded Payment Solution

Core Insights - Blackbaud has launched Blackbaud Integrated Payments, enhancing payment processing capabilities for social impact organizations and third-party software providers [1][2] - The new solution aims to streamline donation processing, improve donor experience, and reduce administrative burdens for organizations [2][4] Payment Processing Capabilities - Blackbaud Integrated Payments extends its payment processing to any software provider that integrates with Blackbaud's Payments API, creating a "Payments-as-a-Service" model [1][10] - Key features include optimized checkout, automated credit card updates, fraud detection, recurring gift retention, simplified reconciliation, and centralized transaction reporting [2][5] Integration with Partners - Various partners, such as GivBee and Almabase, are leveraging Blackbaud Integrated Payments to enhance their offerings, providing tools like text-to-give and alumni engagement without disrupting existing processes [3][4] - The integration allows organizations to send personalized donation requests via text, simplifying the donation process for both donors and organizations [3] Expedited Giving Feature - The integration with YourCause will introduce an Expedited Giving feature, allowing faster donation distribution from corporate employee giving programs, with funds reaching nonprofits up to 95% faster [4][10] - This feature aims to eliminate friction in the donation process, making it easier for employees to engage in matching gift programs [4] Impact on Fundraising - Organizations using Blackbaud's Optimized Donation Forms have reported up to a 30% conversion rate and a 40% increase in donations [5][6] - Blackbaud customers utilizing Complete Cover™ experienced 0% processing fees, saving millions in fees last year [6] Company Overview - Blackbaud is a leading software provider dedicated to social impact, serving nonprofits, educational institutions, and corporations committed to social responsibility [8] - The company has facilitated over $100 billion in fundraising and grant management annually, supporting users in over 100 countries [8]