Carbonmark now accepts bank transfers as a payment method

In our most recent update, we are pleased to announce that Carbonmark now accepts bank transfer payments for all listed carbon projects, making it easier than ever to offset or remove your business's emissions.

This update allows you to initiate a payment via bank transfer when selecting a project to offset your business emissions. Select bank transfer using the options provided, and complete a brief contact form. A team member will contact you to confirm the request, conduct business authentication, and initiate an invoice.

Getting started - purchasing a project via bank transfer

The checkout experience for selecting projects on Carbonmark offers the option to pay with a bank transfer. Here’s how it works and how you can get started today.

1. Navigate to Carbonmark.com and then select a project.

2. On the project information page, select the listing you want to purchase from. Note: “Retire” or “Retirement” refers to claiming the environmental benefit from valid carbon credits for offsetting business emissions.

3. Fill out your order summary from the checkout page, ensuring that required information, such as the number of tonnes, is provided. At this stage, you can also provide additional information regarding the retirement Beneficiary (typically the name of your organization) and retirement message (e.g., “Compensating for 2023 emissions”). Note that the minimum order size for bank transfers is 100 tonnes.

4. Once these steps are completed, select 'Bank Transfer' as your 'Pay with' option and click the 'RETIRE CARBON' button. A popup will appear confirming further details our team requires to initiate the transaction. Here, select 'Continue' to proceed.

5. This form has pre-populated fields for 'Retirement Beneficiary,' 'Project Names,' 'Retirement Message,' and the tonne volumes. Fill in your email Company Name, First and Last Name, and click 'Submit'.

6. Once submitted, you will receive a confirmation message, and a member of our team will provide further invoicing details to complete the purchase. Note that our team may require additional KYC information before producing an invoice.

Your proof of carbon offset - Retirement Certificate

Upon completion of payment, confirmation of the quantity of credits will be added to your account, and you will be able to find a retirement certificate authenticating your purchase. This certificate will contain all official information about the transaction to satisfy authentication and compliance requirements relating to carbon accounting.

Your page displaying your retirements is also available publicly. See here an example from the company Rioz Global. This public-facing page also allows you to download a PDF version of the retirement certificate.

You can find all of your retirement certificates in your Carbonmark account.

Next steps

Carbonmark will continue to increase the accessibility of our platform, including through bespoke integration solutions with our partners. Look out for exciting updates as we begin supporting additional environmental asset registries and environmental commodities in the future!

As always, if you have any questions, please feel free to contact us for a free consultation so we can help you understand the value of our climate solutions.