The sum of a donor's change will be debited from their chosen billing account at the end of the month. Depending on their banking institution, the donor may not see the transaction on their statement until the 10th of following month.
If a donor gives, say, $23.78 in change for your nonprofit in the month of January, then at the end of the month — or by the 10th of February — the donation would be listed as “PWI Foundation — $23.78" on their statement. Your nonprofit will be given the sum of each of your donors' donations every quarter through the PWI Foundation.
By going through the PWI Foundation, we can continue to ensure that donors will receive tax deductions for their donations — and do it all without charging transaction fees.