Personal fundraising function is added by Facebook

Tuesday , 14, November 2017 Comments Off on

Personal fundraising function is added by Facebook

Facebook additional Tuesday the capability for folks to elevate personal funds from “buddies” on its social networking pages, stepping into a domain populated by Kickstarter, Fundly and several other crowdfunding sites. Menlo Park, Calif.-based Facebook touts the new performance to help people raise money for emergencies, medical bills, school expenses sports, and neighborhood triggers among other opportunities. Facebook is charging a 6.9 percent charge to pay for payment processing, security and fraud protection, and vetting fundraisers with reviews completed within one day. Alex.Soule@scni.com; 203-354-1047; www.twitter.com/casoulman

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