Is Virgin Money Giving better than JustGiving?

Is Virgin Money Giving better than JustGiving?

Conclusion – It seems that Virgin Money Giving are delivering an equal service with a better deal for charities, setting itself as a major competitor to Just Giving. This year, Virgin Money Giving clocked up donations for the London Marathon to the value of £13.88 million up two thirds on the previous year.

What percentage does Virgin Money Giving take?

Virgin Money Giving doesn’t make a profit from what they do, but they do need to charge a small 2% platform fee and a 2.5% payment processing fee to keep developing their service for us. Covering the fees means 100% of your donation will reach us at the charity, making an even bigger impact.

Why is Virgin Money Giving closing?

The company stated that: “Given the significant investment required in the service for it to remain competitive, and without the brand exposure provided by the London Marathon, Virgin Money has decided to wind down the platform after the 2021 London Marathon in October.”

Is Virgin Money Giving closing?

In a surprise move, Virgin Money Giving has today (26th August 2021) announced it is to close on 30th November 2021. Many supporters use Virgin Money Giving either to donate regularly to ME Research UK or as a fundraising platform for events.

Is Virgin Money Giving safe?

Here at Virgin Money Giving we take cyber security very seriously and being part of Virgin Money means our security and systems all meet approved banking standards, and so your data is safe with us.

Which is better GoFundMe or JustGiving?

When it comes to GoFundMe vs. JustGiving, we believe that GoFundMe offers the best support and protection for our users, at a competitive price. Looking to fundraise? For low transaction fees, 24/7 support and, most importantly, the GoFundMe Guarantee, consider crowdfunding with GoFundMe.

Is there an alternative to just giving?

Raisely is a really interesting alternative option to JustGiving. The main difference is the ability to heavily brand your pages and the high-quality designs. Fees are also very attractive as the system plugs in directly to your own Stripe account.

Does Richard Branson own just giving?

It is 13 per cent owned by Sir Richard Branson’s Virgin Group, to which it pays an annual licence fee of £12-£15 million.

How safe is JustGiving?

The funds in each charity’s account are safe and protected. At JustGiving we maintain trust bank accounts for all projects and causes, which means that all donations to a charity or project are paid into a trust account, held on behalf of the charity, before being passed on.

Does JustGiving money go straight to the charity?

If your charity is based in the UK we automatically transfer donations to the chosen charity on a weekly basis (or, if the total donated to that particular charity on JustGiving is £50 or less, we wait until the end of the month). There’s nothing you need to do.

How much does GoFundMe charge UK?

GoFundMe fees Transaction fees of 2.9% + £0.25 (includes VAT) apply. Certified UK charities campaigns have 1.9% + £0.20 fees, with no fees on Gift Aid.