(PRWEB) June 17, 2013
TippingCircle’s social payment network now supports crowd funding through virtual tipping buckets. Users can open a tipping bucket for a specific need or cause and pass the bucket around the social networks so friends, family, and even strangers can donate by tipping the bucket.
We've all seen that person ringing a bell outside the supermarket requesting donations for the local non-profit raising money to support a good cause. For years, many good Samaritans have dropped their spare change into those tipping buckets on their way out. Now days it’s only those who have any spare change sometimes contribute. Most likely they bought their groceries with plastic instead of paper because fewer and fewer people carry cash these days. Technology has changed the way people make purchases and exchange money and that’s also why fundraising is proving to be more affective online.
Crowd funding through social media, also known as social fundraising, has opened up a viral new way to raise money for almost any goal. TippingCircle’s personal payment platform has been built specifically to enable people around the world to help one another in need. They call it the “social help network."
“We are a social network,” said founder James Davis. “TippingCircle's primary purpose is to leverage the social network so we can support a cause we are passionate about and help our friends and family in their times of need.”
A user’s social connections within this payment platform is called their Tipping Circle. Users can follow one another by adding friends to their circle and stay notified about the open tipping buckets in the network and see what buckets their friends are supporting. Tipping buckets can also be shared through Facebook, Twitter, and other social networks to increase the exposure and collect more payments. Fundraisers can help friends and loved ones get through hard times, pay high medical bills, contribute to local non-profits, and support other good causes.
TippingCircle has become a one-stop shop for various types of personal payment methods used online. P2P payments (person-to-person) are available through the website and mobile app. Tipping buckets can also be used to collect group payments for birthdays, weddings, sports clubs, and other events. All payments are processed through PayPal making this a secure application with a global reach and a quick setup process, especially for people that already have a PayPal account.