Canadian company ConnectionPoint is about to unveil its FundRazr Facebook application as the only service utilizing both PayPal X’s Adaptive Account API and its Adaptive Payment API. Initially launched in private beta at TC50, Fundrazr allows users to collect fees and donations through Facebook.
While this may seem like a simple Groups tool, users can add members, create fundraising campaigns, generate reports, add organizational admin and most importantly, collect payments. Some of the groups who benefit from Fundrazr include sports teams, school clubs, charities and campaign managers. Members of the company’s closed beta include major universities needing to charge fees, political candidates on the campaign trail and national nonprofits looking to overcome donor fatigue in a poor economy.
According to ConnectionPoint CEO Daryl Hatton, the beauty of using PayPal X is that users never have to leave the Fundrazr page to setup a PayPal account. Charities no longer have to redirect donors to external payment sites in order to collect their donations. Instead there’s a frictionless process where donors have absolutely no reason to deny payment. To check out Fundrazr’s newest feature releases visit the blog at blog.connectionpoint.ca. For an invite to the company’s closed beta program email beta[at]fundrazr.com.
