Just 18 months ago, ArtsPay was launched with the vision to create a new sustainable stream of funding for the arts through providing in-store and online businesses with an alternative payment processing system. It means that instead of going to big banks and large corporates, profits from transaction fees are being redirected to the arts sector at no additional cost to businesses and customers.
In April, the ArtsPay Foundation made the first small grant call-out to Australia’s arts sector, directed at supporting independent artists and small arts organisations. In its inaugural round, it distributed $55,000 in funding to nine recipients, who had never applied for or received public funding before.
