Revolutionising Charitable Giving with Change Bowl
Change Bowl is a company dedicated to making charitable giving seamless and impactful. Their innovative platform helps users round up their credit card transactions to the nearest dollar and donate the difference to their chosen charities. For instance, if a user spends $2.60, $3.40, and $4.50, Change Bowl rounds these amounts to $3, $4, and $5 respectively, accumulating these “round-ups” until the total reaches a minimum of $5, which is then donated to a charity of the user’s choice. To bring this vision to life, Change Bowl partnered with SeedData Systems to develop a robust software solution capable of tracking transactions, calculating round-ups, and managing donations efficiently.
Challenges
- 1. Transaction Tracking: The platform needed to securely track users’ credit card transactions in real-time to calculate round-up amounts accurately.
- 2. Data Security: Handling sensitive financial data required stringent security measures to protect user information.
- 3. User-Friendly Interface: The application had to be intuitive and easy to use to encourage more users to participate in charitable giving.
- 4. Scalability: The solution needed to handle an increasing number of users and transactions as the platform grew.
- 5. Integration with Financial Institutions: Seamless integration with multiple banks and credit card providers was essential for real-time transaction tracking.
Solution
- 1. Real-Time Transaction Tracking: Implemented secure APIs to integrate with financial institutions, enabling real-time tracking of credit card transactions.
- 2. Data Security: Adopted industry-leading encryption protocols and security practices to ensure the safety of user data.
- 3. User Interface Design: Created an intuitive and engaging user interface that simplifies the process of signing up, linking credit cards, and selecting charities.
- 4. Scalability: Designed the system architecture to be scalable, ensuring it could handle the growing number of users and transactions without performance degradation.
- 5. Integration Capabilities: Developed flexible integration modules to connect with various banks and credit card providers seamlessly.
Results We Got
Enhanced User Engagement
The user-friendly platform led to a significant increase in user sign-ups and engagement.
Secure and Reliable
The robust security measures ensured user data remained protected, building trust among users.
Increased Charitable Donations
The automated round-up feature made it easy for users to contribute to their favourite charities, leading to a notable increase in donations.
Scalable Solution
The scalable architecture supported the platform’s growth, accommodating a rising number of users and transactions effortlessly.
Positive Impact
Change Bowl successfully facilitated charitable donations, making a meaningful impact on various causes through their innovative platform.
Conclusion
SeedData Systems’ collaboration with Change Bowl has resulted in a groundbreaking platform that simplifies charitable giving. By leveraging advanced technology and prioritising user experience, Change Bowl has been able to transform spare change into substantial contributions for charities, demonstrating the power of fintech in driving social good.