Giv Local Payment Processor Offers Model Where Businesses Fund Causes Through Processing Revenue
Roads Rivers and Trails, an independent outdoor retailer in Ohio, switched from a traditional payment processor after facing unexpected rate hikes. They discovered Giv Local, a B Corp-certified payment processor that donates 20% of its processing revenue to causes selected by each merchant. This partnership sparked what the company calls a 'chain of do-good events,' as other businesses began adopting similar values-driven models. Unlike typical donation programs or checkout round-ups where customers contribute voluntarily, Giv Local's model deducts from its own profits rather than adding costs for merchants or consumers. The donations are recurring and transparently reported to the merchant, making it a sustainable way for companies to support local causes without increasing expenses. The initiative has grown organically as more businesses learn about this approach through word-of-mouth and social media posts. Giv Local emphasizes that there is no formal sign-up process—merchants simply need to choose partners aligned with their values.
Topics: B Corp payment processing small business support social impact