18th July 2019 - Collection Pot announces CashFlows will be its acquiring and payment processor of choice
Collection Pot, owned and created by the Gifted To You Group, is the new way of collecting money online for any occasion. The platform is already seeing significant interest from businesses and consumers looking to simplify and streamline activities such as collecting funds for employees, birthdays, community projects and life celebrations.
Taking money collections and celebrations into the 21st century, Collection Pot enables users to create an online money pot for a specific occasion or person. Multi-currency donations can be accepted from family and friends that maybe spread across the globe.
With the continued growth of remote working and a growing cashless society, employees will no longer miss out on being able to add their donations to colleague’s collections.
Every donator is encouraged to add a personal message for the recipient, creating a unique engaging experience for all involved with creating, donating and redeeming the collection.
With white label branding options available for businesses, Collection Pot is set to become the first-choice destination for money collection for any celebration or collaboration.
The recipient will be invited to spend the funds donated via the Collection Pot catalogue, which offers a wide range of gift cards, e-codes and physical gifts, from many High Street retailers. Covering all sectors, including leisure, travel, electrical, homeware and jewellery and clothing.
In development is the launch of a Collection Pot prepaid card which will enable Collection Pot recipients to add their funds to a prepaid card to then redeem wherever they wish.
Wendy Carter, CEO and Founder of Collection Pot, said: “We are delighted to announce CashFlows as our acquiring partner. They immediately understood the platform and the potential that it offers. Their teams worked swiftly to assist us, the onboarding process was quick and efficient.”
CashFlows can facilitate payments from all the major global card providers.
She added: “Working with CashFlows enables us to grow the Collection Pot platform across Europe, knowing that the funds are securely processed and stored.”
Jonathan Bennett, Chief Commercial Officer of CashFlows, comments: “Collection Pot is a fantastic idea that we believe has enormous potential for growth. It solves an age-old problem in an incredibly innovative way, making it exactly the sort of business we want to partner, support and ultimately grow with. As both an acquirer and an issuer, we have a dual proposition that provides real value to those wanting to consume both services within a single platform - something that truly differentiates us in the market - and meets the unique needs and demands of exciting new products such as Collection Pot.”
If you would like to see how Collection Pot can make your business celebrations more engaging please get in touch today, or visit collectionpot.co.uk