Debit Cards: Pros and cons for your nonprofit.

This week we explore the world of debit cards in relation to your nonprofit. Historically, nonprofit groups would write checks for all purchases. This provided some built-in safety measures. Nowadays, debit and credit cards are becoming popular (for a good reason). But they open groups up to the possibility of embezzlement & fraud. Cyndi talks about the liability of these cards and provides another option to reduce risk and give you more control over your group’s money.

MoneyMinder has been supporting volunteer-run nonprofit treasurers for nearly two decades. Cyndi helps treasurers navigate this territory as a lifetime volunteer herself. Whether you are new to your role or a seasoned veteran, these tips might just help make your volunteer experience easier.