There are so many changes happening on Facebook, and it’s getting hard to keep track of them. Seriously, Facebook is turning into this giant whale that wants to eat all of its competitors, including platforms like GoFundMe.
The latest addition to Facebook’s impressive list of features includes the opportunity to fund a project or cause on behalf of yourself or a friend. Touted as ‘Personal Fundraiser,’ it is expected to roll out in the US in the following weeks – in the form of a button.
How it works? First of all, the new feature will be available to users over 18 years of age and will require the setup of a separate dedicated page which will include information about the fundraiser and the end goal. So far, Facebook will allow Personal Fundraisers for specific categories of costs:
- – 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
Payments will be securely handled without the need for the users to leave Facebook, with a 6.9% + $.30 fee that will go to payment processing, fundraiser vetting, security, and fraud protection.
The good news continues for Verified Pages as well, as they will be able to add the donate button on their live video broadcasts.
See more details on the exciting new feature in the following video.
You might also like
More from Facebook
Facebook To Begin Testing Topic Exclusion Controls For Advertisers
Facebook is to begin testing a new brand safety options, including new Facebook Ads topic exclusion controls for a small …
Facebook Oversight Board Publishes Decisions On First Cases
Back in December, Facebook's independent Oversight Board took on its first cases. Its decisions on these cases are now published.
Facebook Continues To Lose Users In The US And Canada
Facebook’s daily active users decline for a second quarter in the United States and Canada, caused by user fatigue and …
Facebook Launches Facebook News Portal In The UK
Facebook is starting to roll out Facebook News in the UK, a destination in its app featuring curated news from …
Facebook Revamps Access Your Information On iOS And Android
Facebook has announced a revamped version of its Access Your Information tool, making it easier for users to find and …
Facebook Bans Ads Promoting Weapon Accessories Ahead Of Inauguration Day
Facebook has announced a ban, on its platforms, of ads promoting weapon accessories and protective equipment - at least through …
Facebook Bans Donald Trump Indefinitely From Its Platforms
Following the recent events in Washington DC, Facebook CEO Mark Zuckerberg has announced an indefinite ban on Donald Trump from …
New Facebook Pages Come Without A Like Button
Facebook is rolling out a new design for Facebook Pages. It comes with new features, but without a Like button.
New Year’s Eve 2020 Sets New Records For Use Of Facebook Apps
Facebook was expecting a traffic spike on its apps over New Year's Eve, but this year broke all previous records …