Facebook is taking on GoFundMe with a personal donation feature
The next time you want to raise money, you'll be able to do it on Facebook.
On Thursday, the social network introduced a new personal fundraiser feature à la GoFundMe. Facebook users will be able to create donation pages to raise money for things like tuition money, medical procedures, and other emergencies.
The feature was previously restricted to registered nonprofits, but now Facebook is making it available to everyone over the age of 18 in the US.
Each fundraiser will be reviewed by Facebook employees before it's approved, and people will be able to send money directly on Facebook using its payments service. Facebook already takes a 5% processing and verification fee for donations to charities.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- IndiGo places order for 30 wide-body A350-900 planes