Alzheimer's Society and PayPoint today announce a new partnership to simplify and enhance cash donations and transactions. The collaboration addresses the growing challenges for charities when it comes to handling cash, particularly as high street banks and Post Office branches become less accessible.
With nearly 30 per cent of all charity donations still made in cash, the partnership provides a timely solution to prevent any unnecessary decline or delay in donations received due to logistical challenges posed.
Naturally, cash handling can come with compliance and time-consuming administrative challenges for charities like Alzheimer's Society, all of which have been exacerbated through the dwindling presence of traditional banking facilities. However, through its partnership with PayPoint the cash donation and banking process has been streamlined and simplified through a new innovative solution.
The PayPoint Cash In service works with its extensive network of retailers across the UK and gives Alzheimer's Society access to over 29,000 stores that can now accept cash deposits from fundraising activities and process the payment into the charity’s bank account. The service offers its staff and volunteers a simple and accessible way to securely process deposits with unique codes that allow for easy tracking of the amount and depositor, and funds are transferred directly to the charity's bank account. This eliminates the need for outdated paying-in books and the hassle of inconvenient banking hours and locations.
Jo Toolan, Managing Director of Client Services at PayPoint, said, "We are thrilled to be partnering with Alzheimer's Society to offer the Cash In solution. This partnership represents more than just convenience—it's a leap toward greater efficiency, cost-effectiveness, and security for charities navigating the complexities of cash handling in today's environment. The Cash In service eliminates the barriers of distance, opening hours, and paperwork, ensuring that every penny raised can be swiftly put to work supporting those affected by dementia.
“Partnering with PayPoint holds immense potential in saving us time and administrative costs when processing cash donations,” said Alzheimer’s Society Head of Regional Engagement, Siobhan Nugent. “Dementia is the UK’s biggest killer and one in three people born today will go on to develop it in their lifetime, so this partnership will help us better channel our resources to helping fund pioneering research, campaign for change, and run our dedicated support services, which are a lifeline to thousands.”
About Alzheimer’s Society
- One in three people over 65 will die with dementia.
- Alzheimer’s Society research shows that 800,000 people in the UK have a form of dementia, more than half have Alzheimer’s disease. In less than 10 years a million people will be living with dementia. This will soar to 1.7 million people by 2051.
- Alzheimer’s Society champions the rights of people living with dementia and the millions of people who care for them.
- Alzheimer’s Society works in England, Wales and Northern Ireland and supports people to live well with dementia today and funds research to find a cure for tomorrow. We rely on voluntary donations to continue their vital work.
- You can donate now by calling 0845 306 0898 or visiting alzheimers.org.uk.
- Alzheimer’s Society provides a National Dementia Helpline, the number is 0845 300 0336 or visit alzheimers.org.uk.
