Vanco Expands Strategic Partnership with GCFA
Electronic Payments Company Vanco Services Announces Strategic Sponsorship with the General Council on Finance and Administration (GCFA)
MINNEAPOLIS, Minn. — Vanco Services, LLC, a leading provider of electronic payment solutions, today announced it has expanded its strategic sponsorship with the General Council on Finance and Administration (GCFA)—the administrative and financial body of The United Methodist Church.
The multi-year sponsorship marks a significant expansion of an electronic giving program that has been in place since 2002 when GCFA first approved Vanco as the administrator for the United Methodist Electronic Funds Transfer (UM EFT) program. The program, which began as an easy way for churches to receive regular contributions via electronic funds transfer, has since expanded to include credit card, debit card, online and mobile giving.
The goal of the expanded partnership is to accelerate the adoption of electronic giving methods in United Methodist congregations. GCFA recognizes that the way people made payments ten years ago is not the way they make payments today.
“GCFA serves the people of The United Methodist Church by exploring and vetting opportunities to increase funds for ministry by reducing administrative expenses. Vanco offers products that can help churches achieve that goal,” said Moses Kumar top executive of GCFA.
“The original program has been a great success,” said Jeanne Spencer Rose, President and General Manager for Vanco Services. “It was exciting to be part of their original efforts and we look forward to helping them take electronic giving to the next level.”
About Vanco Services, LLC
Vanco Services, LLC is a payments company that processes electronic transactions for more than 30,000 businesses and organizations, including more than 15,000 churches and nonprofits. Vanco offers several proprietary web-based electronic payment solutions that may be deployed as a comprehensive suite or implemented individually to meet specific needs. Vanco is a PCI (Payment Card Industry) Level 1 Compliant Service Provider.