Carbonmark now accepts bank transfer as a payment method
December 21, 2023
In our most recent update we are pleased to announce that Carbonmark.com now accepts bank transfer payments for all listed carbon projects, making it easier than ever to offset or remove the emissions of your business via our portal into the Digital Carbon Market.
This update allows for you to initiate a payment via bank transfer when selecting a project to offset your business emissions. Simply select bank transfer in the options provided, complete a brief contact form, and a member of our team will be in touch to confirm the request, conduct business authentication and initiate an invoice.
Getting started - purchasing a project via bank transfer
The option to pay with bank transfer can be found in the checkout experience for selecting projects on Carbonmark. 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 which you would like to purchase from. Note: “Retire” or “Retirement” refers to the act of 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. Additional information regarding the retirement Beneficiary (typically the name of your organization), as well as retirement message (e.g. “Compensating for 2023 emissions”) can also be provided at this stage. 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 a few further details which our team requires to initiate the transaction. Here select 'Continue' to proceed.
5. In this form you will find that the fields for 'Retirement Beneficiary', 'Project Names', 'Retirement Message', and the tonne volumes are pre-populated. Fill in your email Company Name, First and Last Name then 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 provides the ability to download a PDF version of the retirement certificate.
You can find all of your retirement certificates via your account in Carbonmark.
Next steps
Carbonmark will continue to increase the accessibility of our platform, including through bespoke integration solutions with our partners. Keep a 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 reach out for a free consultation so we can help you access the value of our climate solutions.
Disclaimer:
Carbonmark (“Carbonmark”), its digital-assets, business assets, strategy, and operations, is for general informational purposes only and is not a formal offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction and its content is not prescribed by securities laws. Information contained in this blog post should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities. This blog post does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. Carbonmark and its agents, advisors, directors, officers, employees and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and Carbonmark expressly disclaims any and all liability that may be based on such information or errors or omissions thereof. Carbonmark reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof. The information contained in this blog post supersedes any prior blog post or conversation concerning the same, similar or related information. Any information, representations or statements not contained herein shall not be relied upon for any purpose. Neither Carbonmark nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this blog post by you or any of your representatives or for omissions from the information in this blog post. Additionally, Carbonmark undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed in this blog post.