Facebook Is Now Going to Let Your Friends Ask For Donations . . . and They’ll Take a Cut

Every once in a while, you’ll see someone’s GoFundMe campaign pop up on Facebook.  And maybe you toss them a few bucks, maybe you don’t . . . but either way, it’s not a choice you have to make that often.

Well . . . it looks like that’s about to change.  Because now, people can set up campaigns to beg . . . err, ask . . . their friends for donations directly on Facebook.  So if there’s a FLOOD of people asking for money, that’s why.

If you want to set one up, you can ask for donations in six different categories:  Education . . . medical . . . pet medical . . . crisis relief . . . personal emergencies . . . and funeral and loss.

So why is Facebook adding this feature?  Well, they SAY it’s to set up a safe way to get money in times of need . . . but they’re also taking a CUT.

They’ll get 6.9% of whatever you collect, which they say goes toward, quote, “payment processing fees, fundraiser vetting, security, and fraud protection.”

Get more details here:

More from Tony Tecate

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