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Blackbaud Introduces Merchant Services for Credit Card Transaction Processing

^{Published on 2010-10-20 05:11:42 - Market Wire}
 

CHARLESTON, S.C.--([ BUSINESS WIRE ])--Blackbaud, Inc. (Nasdaq: [ BLKB ]), announced today that [ Blackbaud Merchant Services ]a" is now available to all customers, offering nonprofits a secure, affordable and integrated payment and donation processing solution.

"We needed the ability to accept credit cards, no matter what the location"

aWith over $300 billion donated to nonprofits annually, the nonprofit sector requires an easy and secure means to collect and process electronic payments across multiple fundraising activities,a said Steve Klein, Blackbauda™s head of payment services. aBlackbaud Merchant Services is a fully integrated PCI-compliant environment that helps mitigate risks associated with storing credit cards which is critical to protection of nonprofitsa™ and their donor data.a

Family Legacy Missions International needed a streamlined and secure approach to processing donations. With Blackbaud Merchant Servicesa", the organization was able to achieve a consolidated payment solution across all their donation processing requirements.

aIt was easy to get up and runninga"we were securely processing credit cards within 24 hours,a said Sommer Clayman, Family Legacy Missions Internationala™s director of finance and accounting. aBecause we are working with one processer that integrates with our other solutions, The Financial Edge, The Raisera™s Edge, and Blackbaud NetCommunity, we have been able to streamline our processes and meet our online giving goals.a

The strategic mission of the Family Legacy Missions International is to pro-actively and permanently address the cyclical and multi-faceted problems of depression, poverty, and AIDS that plague the lives of the children of Zambia, Africa. The organization processes donations from all over the world and needed a way to centralize information and make it more accessible.

aWe needed the ability to accept credit cards, no matter what the location,a said Clayman. aThe web-based platform enables us to pull reports and complete transactions wherever we are. Plus, the simplicity of the Blackbaud OneRatea" makes it helpful in understanding our costs and streamlining our reconciliation.a

Blackbaud Merchant Services is a Blackbaud PCI-compliant comprehensive payment solution that safely processes all transactions using the Blackbaud Gatewaya", which encrypts sensitive credit card information to ensure donor information is secure in the Blackbaud Vaulta" and includes acceptance of all major credit and debit cards. In addition, Blackbaud Merchant Services supports all types of transactions, including one-time and recurring, real-time, batch, point-of-sale, acard present,a and acard not present.a

aBlackbaud Sphere customers have processed over $2 billion in electronic payments over the last 10 years, and we are now pleased to extend this solution to all of our customers,a said Sarita Myers, Blackbauda™s director of marketing.

For more information and to sign up for a Blackbaud Merchant account, visit [ www.blackbaud.com/merchantservices ].

About Blackbaud

Blackbaud is the leading global provider of software and services designed specifically for nonprofit organizations, enabling them to improve operational efficiency, build strong relationships, and raise more money to support their missions. Approximately 24,000 organizations a" including University of Arizona Foundation, American Red Cross, Cancer Research UK, The Taft School,Lincoln Center,Tulsa Community Foundation, Ursinus College,Earthjustice, International Fund for Animal Welfare, and the WGBH Educational Foundation a" use one or more Blackbaud products and services for [ fundraising ], [ constituent relationship management ], [ financial management ], [ website management ], [ direct marketing ], [ education administration ], [ ticketing ], [ business intelligence ], [ prospect research ], [ consulting ], and [ analytics ]. Since 1981, Blackbauda™s sole focus and expertise has been partneringwith nonprofits andprovidingthem the solutions they need to make a difference intheir local communities and worldwide. Headquartered in the United States, Blackbaud also has operations in Australia, Canada, Hong Kong, the Netherlands, and the United Kingdom.For more information, visit [ www.blackbaud.com ].

Forward-looking Statements

Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks related to our dividend policy and share repurchase program, including potential limitations on our ability to grow and the possibility that we might discontinue payment of dividends; risks relating to restrictions imposed by the credit facility; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organizations; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SECa™s website at [ www.sec.gov ] or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc. All other trademarks are the property of their respective owners.