Donors
Payment security
Payments made through Wonderful are simple, fast and secure. Wonderful is an Authorised Payment Institution regulated by the Financial Conduct Authority and uses Open Banking to facilitate payment initiation.
Each instant bank payment is transferred directly from the consumer / donor bank account directly to the merchant / charity bank account and is authorised within the payer's existing online bank account or mobile banking app.
By using the existing security of the donor's own bank account, Wonderful payments are secure, direct and instant.
"Open banking lets consumers and businesses make payments directly from their accounts, providing a secure and cost-effective alternative to using card networks... It has been a UK success story, with significant take-up and ever-accelerating growth... Many other countries have looked to the UK’s approach as they develop their own models."
From a joint statement by HM Treasury, the Competition and Markets Authority, the Financial Conduct Authority and the Payment Systems Regulator.
Further information:
How secure are A2A payments?
Open banking: a secure and cost-effective alternative to card networks
HMRC embraces Open Banking for easier, safer tax payments
05 · Resources
Featured FAQs
Have a look at these other articles that we think might interest you.
How much will I save?
Our highly predictable, transparent and aggressive fee structure, typically saving merchants more than 90% on transaction fees is a simple, secure alternative to debit and credit cards. It also includes instant settlement.
Enterprise integrations
Wonderful's instant bank payment service can be integrated with your checkout. Our public API will be released shortly. Contact our team to find out how much we can save your enterprise business on transaction processing fees.
Why we don't take cards
We do not take a percentage of funds raised, ask for tips, or do anything that prevents 100% of donations going to the causes that charity supporters are so passionate about. We are inspired and driven by that passion.