Description
What Is Leetchi?
Leetchi is a French crowdfunding platform founded by Céline Lazorthes in 2009. The fundraising platform offers its services primarily to the European population.
How Much Does Leetchi Cost?
Leetchi offers its users a 100% free registration with absolutely no hidden fees. But when it comes to Leetchi fees , the crowdfunding platform does charge a transaction fee depending upon the amount collected. The transfer charges roughly cost 1.9% to 4%. It is segregated like this –
- 4% fee for money pots up to £2000
- 2.9% fee for money pots above £2000
- 1.9% fee for money pots above £200,000
Leetchi Tax
It is important in France to declare donations for tax purposes. There are certain donation criteria that are affected by the tax reduction. For example, a donation of €700 to the Children’s Foundation entitles the user to a reduction of €510, and therefore only costs the user €190. The calculation is as follows: 530 x 75% + (700 – 530) x 66%.
Leetchi Review And Experiences
Leetchi offers a swift registration process for its users. Both organizations and individuals are allowed to raise funds through the platform for various causes. Users can choose the language between French and English to operate the online fundraisers. Leetchi reviews are pretty decent which is 3.1 stars from 5 considering 655 user reviews.
Is Leetchi Safe?
Leetchi takes the privacy of its users seriously and ensures secure data privacy for its users. However, it also generates awareness among its users about identity theft and how they should avoid providing personal details online.
How Does Leetchi Work?
Leetchi likes to call its fundraisers Leetchi money pots, and users can simply get started by registering, followed by creating and personalizing their money pots according to their needs. Users can share the fundraisers easily through social media networks for potential donors. After collecting a significant amount of donations, users can collect the funds from the money pots. Additionally, users can opt for spending their Leetchi pot with one of the e-commerce partners of Leetchi, or they can simply gift the amount to someone they want.
Leetchi Alternative
One of the best alternatives of Leetchi UK is WhyDonate, a Netherlands based crowdfunding platform that caters to the same audience in the same manner. WhyDonate also offers its platform to both organizations and individuals but at a better price. WhyDonate is affordable, reliable and simple at the same time.
What Payment Methods Does Leetchi Accept?
Leetchi accepts Visa and MasterCard for all of their payment methods.
| Donation platform | Reviews | Platform costs | Transaction Costs | Other costs | Payment methods | Launch date |
|---|---|---|---|---|---|---|
| WhyDonate | 4.7 | 0% | 1.9 %+ €0.25 | None | OPP, 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 | 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 |
| Leetchi | 3.1 | 1.9% to 4% | 0 | None | Credit cards (VISA/Master Card) | 2009 |
| 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 |
| Tudigo | 4.8 | 0% | 8% | None | Credit card, Bank transfer | 2012 |
| 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 |
| Proarti | 4.3 | 8% commission | 0% | None | Bank card, Check | 2009 |
| Goteo | 2.9 | 5% | 0.8% | PayPal 3.4% + €0.35 | Credit card, PayPal or Goteo Virtual Purs | 2011 |
| Humaid | 5 | 0% | 0% | None | Credit card, Visa, MasterCard, Transfer, Check | 2015 |
| * All tax systems depend on the tax regulations of the country. | ||||||
Reviews
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