Description
What Is Donorbox?
The US-based technology company Donorbox offers online fundraising software to individuals and non-profit organisations. Donorbox was founded in 2014, and thousands of causes are registered through Donirbox for fundraising purposes.
Initially, it was launched as Donorbox WordPress plugin with PayPal and Stripe and currently serves customers in over 30 countries and territories, including Europe.
Donorbox Fees
The platform fee of Donorbox is 1.5%. Additionally, PayPal charge 3.4% + €0.35 for processing. And for credit card transactions, it charges 1.4% + €0.30
Donorbox also offers add-on integrations that are optional for the users.
Donorbox Tax
In the USA, crowdfunding money is not considered as taxable income; however, the income through fundraising platforms must be reported on the tax returns.
Donor Box Review And Experiences
Donorbox is one of the most go-to fundraising platforms of all time due to its widespread customer base and success rate. The platform is easy and convenient to use with 7 different language options. The fundraising platform has been rated 4.5 out of 5 for its feasibility and versatile fundraising options.
Is Donor Box Legitimate?
Donorbox is very serious about securing data privacy for its users. It keeps all its user data safe and keeps reminding its users about the fraudulent activities that one should be aware of.
How Does Donor Box Work?
In order to start a campaign at Donorbox , one can go to Donorbox log in first and create a campaign form. Afterwards, it allows user to add their transaction details and makes the campaign live. While creating the campaign form, users can customize their forms according to their preferences.
Donor Box Alternative
As Donorbox is a popular crowdfunding platform, one of Europe’s leading crowdfunding platforms, WhyDonate is the most similar fundraising platform that can be considered as a contemporary crowdfunding platform. WhyDonate not only allows everyone to start crowdfunding through them, rather they are very cost-effective when it comes to fundraising.
WhyDonate offers users to customize their campaign forms with 5 different language options. It is reliable with a high success rate of fundraising campaigns.
Donor Box Payment Methods
As payment methods, Donorbox accepts credit cards/debit cards, Apple Pay, low-fee ACH & SEPA bank transfers, Google Pay, and PayPal.
Donation platform | Reviews | Platform Costs | Transaction Costs | Other costs | Payment methods | Launch date |
---|---|---|---|---|---|---|
WhyDonate | 4.7 | 0% | 1.9%+ €0.25 | none | iDEAL, Credit card, Paypal, Bank transfer, Direct Debit, Sofort, Bancontact, EPS, Giropay, Belfius, KBC | 2013 |
GoFundme | 4.5 | 0% | 2.9% + €0.25 | none | Credit card, iDEAL | 2010 |
Donorbox | 4.5 | 1.5% | 1.4% + €0.30 (3.4% + €0.35 PayPal) | Add On Integrations (Optional) | credit/debit cards, Apple Pay, low-fee ACH & SEPA bank transfers, Google Pay, and PayPal. | 2014 |
Ulule | 3.5 | 4.17% – 6.67% | 2.9% + $0.30 | none | Carte Bleue (France), Visa, MasterCard, Maestro/Bancontact (Belgium), iDeal (holland), Direct debit | 2010 |
KissKissBankBank | 4.3 | 8% of the amount raised (including transaction cost) | 3.4% + 0.25c | none | Credit card, VISA, Master Card, Maestro, Check, Bank transfer | 2009 |
Crowdify | 4.8 | 9% to 11% | 0 | none | Twint, Postfinance, Credit cards (VISA/MasterCard), Paypal | 2004 |
Kickstarter | 4.2 | 5% | 3% + €0.20 | none | Credit Card | 2009 |
Fundraising box | 4.6 | 1% (for members) 4% for individuals | Payment service providers Fee | €99 / month | Apple Pay, Google Pay, direct debit, credit card, PayPal | 2007 |
Goteo | 2.9 | 5% | 0.8% | In case some uses Paypal 3.4% + €0.35 | credit card, PayPal, or Goteo Virtual Purs | 2011 |
* All the tax systems depend upon the tax regulations of the country. |
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