BizBanc Financial Services
Providing low cost online giving and collection (EFT) services to its clients at very low cost. BizBanc is typically less than half the cost of comparable credit/debit card systems. BizBanc delivers its services through a network of talented independent selling organizations (ISO) that are your local contacts.
Below are facts that support our vision.
BizBanc is a fast growing company with a focused marketing model that fills the need of the thousand of churches and non-profit clubs, civic groups, and charities. BizBanc's clients typically present very low risk to our supporting banks and thus we can pass that savings on to you.
NOTE: Giving for 2008 is significantly down. Numbers are not readily available as sources are not releasing them as in the past.
According to US Government statistics, 2007 giving in the US was more than $306 billion.
Individuals or household donors (not corporations or foundations) gave the bulk of that money, 74.8% or $229.03 billion dollars to their favorite causes. If you add in the charitable bequests of individuals it raised the total to 82.4% or $252.18 billion dollars. Americans individually give a staggering amount of money each year.
Where do people give their money?
Faith-based charities were given $102.32 billion (33.4%). More than next top three: education, social service, and environmental combined.
No one wants to cut services and you are competing for the available dollars. People give to what they believe in. Sometimes they need a little reminder that you are there. BizBanc makes it possible to let people give when it is convenient for them.