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Charity rounding up
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Charity rounding up refers to the process of raising money for charity by using retail transactions at either a retail store's point of sale (POS) terminal or via an online website.[1] Whenever a purchase is made using either a debit or credit card, the transaction is rounded up to the next decimal.
 | A major contributor to this article appears to have a close connection with its subject. (August 2021) |
This original proof of concept was developed in 1999 when Wiremite Inc., a digital wallet company, was expanding the services available for a new terminal being introduced in retail outlets as well as online purchases.[2] The charitable component was made possible due to the almost cost-free nature of the transaction and the bundling of the services available on a terminal.[3]
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