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Some Canadian charities have USA affiliates that allow USA-based donors to donate to the US partner/branch and receive a tax deduction. They would like to be able to accept donations in both CDN dollars and USD, but within the same instance of LO, and have the TeamRaiser page (or Donation progress meter) update instantly.
Two competitors that are based in Canada, Artez and Raisin, offer this ability.
Background - for Canadian nonprofits that have US-based 501c3s, this helps them extend their donor reach into the USA and motivates people to give since US citizens can also receive tax deductions. The goal is to make it appear seamless to the donor aside from needing to select which country they reside in/which currency they will donate in. This helps increase overall fundraising.
Similarly, for organizations that have international focus, such as disaster relief organizations, they have donors from all over the world. International donors can make donations in US currency, but the same concept applies - allowing a donor to make a donation in his or her home country's currency can increase propensity to give.
|Area of the Product||Donations|