What Is GoGetFunding?
GoGetFunding is a crowdfunding platform that allows individuals, organisations, and businesses to raise funds for their creative, personal, or social causes. It was founded in 2011 by Sandip Sekhon and serves as a global platform for fundraising.
Users can create campaigns for a variety of purposes, including medical expenses, education, travel, volunteer work, and creative projects. The platform offers a range of tools to help users promote their campaigns, such as social media integrations, email marketing, and an affiliate program.
The platform charges a 4% fee on all funds raised as a platform fee, in addition to payment processing fees of 2.9%. There are also extra charges applied in the case of PayPal and Stripe transactions.
Crowdfunding tax is always subjective as it depends on the country’s tax laws and regulations. GoGetFunding does not provide tax advice or report the funds raised to the tax authorities. It is the responsibility of the campaign owner to report the funds raised and any associated taxes to the relevant authorities. Therefore, users of the platform should be aware of the tax implications and seek professional advice if necessary.
How Does GoGetFunding Work?
In order to start a fundraiser at GoGetFunding, the user has to register by adding all the necessary information about their cause, including the fundraiser category, target amount, and fundraiser location.
GoGetFunding Reviews And Experiences
In terms of reviews and experiences, GoGetFunding has received positive feedback from its users. Many users have praised the platform for its user-friendly interface and the range of tools and resources provided to help them promote their campaigns. The platform has a 4.5-star rating on Trustpilot based on more than 300 reviews. However, some users have reported issues with payment processing and delays in receiving funds.
Is GoGetFunding Legit?
Yes. The platform is a popular choice for many fundraisers due to its success rates.
In conclusion, GoGetFunding is a popular crowdfunding platform offering users a range of features. However, fundraisers should also research and learn from failed campaigns to understand common crowdfunding mistakes and have alternative donation websites for their upcoming projects.
WhyDonate – Offering flexible and fixed funding options, WhyDonate is a versatile platform allowing creators to keep funds even if they don’t reach their goals. This Netherlands-based crowdfunding platform caters to the same audience in the same manner. WhyDonate also offers its platform to organisations and individuals at a better price.
WhyDonate is affordable, reliable and simple at the same time. Focused on various causes, including personal financing, community projects, charities, and social enterprises, WhyDonate is an excellent choice for initiatives prioritising social impact.
What Payment Methods Does GoGetFunding Accept?
GoGetFunding accepts a range of payment options, including credit and debit cards, PayPal, and bank transfers. The platform charges a platform fee on all funds raised in addition to payment processing fees. It is worth noting that payment processing fees vary depending on the payment method used. For example, PayPal fees are typically higher than credit card fees.
|Donation platform||Reviews||Platform costs||Transaction Costs||Other costs||Payment methods||Launch date|
|WhyDonate||4.7||0%||1.9 %+ €0.25||None||Stripe, Credit card, PayPal, Bank transfer, Direct debit, Sofort,|
Bancontact, EPS, Giropay, Belfius, KBC
|GoFundme||4.5||0%||2.9% + €0.25||None||Credit card, iDEAL||2010|
|Donorbox||4.5||2%||1.4% + €0.30 (3.4% + €0.35 PayPal)||Add-on Integrations (optional)||Credit/debit cards, Apple Pay, low-cost ACH and SEPA bank transfers, Google Pay and PayPal.||2014|
|GoGetFunding||4.5||4%||2.90%||PayPal and Stripe charges||Credit/Debit card, Paypal, Bank transfer,||2011|
|KissKissBankBank||4.3||8% of the amount raised (transaction cost included)||3.4% + 0.25c||None||Credit card, VISA, Mastercard, Maestro, Cheque, Bank transfer||2009|
|Kickstarter||3.4||5%||3% + €0.20||None||Debit / Credit Card||2009|
|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|
|Crowdify||4.8||9% to 11%||0%||None||Twint, Postfinance, Credit cards (VISA/MasterCard), Paypal||2004|
|Goteo||2.9||5%||0.8%||PayPal 3.4% + €0.35||Credit card, PayPal or Goteo Virtual Purs||2011|
|Indiegogo||2.5||5%||3%*+ €0.20||€25-Transfer Fee||Bank Transfer, Wire Transfer||2008|
|* All tax systems depend on the tax regulations of the country.|