Facebook has announced that charities using Facebook’s payment platform to process donations do not pay a fee.
Charities will need to:
- Have a Facebook page with a category of ‘Non-profit Organisation’ or ‘Charity Organisation’ and will need to include an address on the page.
- Sign up for Facebook Payments for a page admin account
- Accept Facebook’s terms of service
You can apply to accept donations on Facebook here.
Note, during the sign-up stage for Facebook payments, you will need to supply the following information:
- Date of birth and address of the charity’s CEO
- Bank account details and bank statement within the last 3 months
As an individual, you can create a personal fundraiser to raise money for yourself, a friend or any of the following categories:
- Education: such as tuition, books or classroom supplies
- Medical: such as medical procedures, treatments or injuries
- Pet Medical: such as veterinary procedures, treatments or injuries
- Crisis Relief: such as public crises or natural disasters
- Personal Emergency: such as a house fire, theft or car accident
- Funeral and Loss: such as burial expenses or living costs after losing a loved one
- Sports: such as equipment, competitions or team fees
- Community: such as neighbourhood services, community improvements or environmental improvements
Personal fundraisers can be created by going to facebook.com/fundraisers. This is now going to be rolled out to the UK. Note: A fee will be deducted from donations. (6.9% + $0.30)
Are you going to use either of these services? Let us know in the comments below.