The
holiday season is upon us, bringing with it a frenzy of gift shopping
for family and friends starting Thanksgiving weekend. In fact, according
to the National Retail Federation, during the 2015 Thanksgiving
weekend, there were 151 million people who shopped either in stores or
online. While the focus of holiday shopping tends to be buying gifts
for those who already have so much, this year many consumers can do
something to feel better about their spending by rounding up the change
from each transaction and donating it to those who are in need.
”Imagine if last year’s 151
million holiday shoppers had rounded up the change from each credit or
debit card transaction, and lets say the spare change was an average of
40 cents per transaction. The collected change would have totaled over
$60 million in charity donations in just one month!” explains Leena
Patidar, chief executive officer and co-founder of Coin Up. "Our app
makes it simple and convenient to donate spare change to a charity or
cause of your choice.”
With Coin Up, consumers simply
download the app, create an account, select a charity, and set a
monthly limit for their donations. For example, if a purchase is $3.35,
the transaction will be “virtually” rounded up to $4, the 65 cents in
spare change will be added up for donation. At the end of the month,
the debit/credit card will be charged -up to the pre-set limit - and the
proceeds (less transaction fees) will be sent directly to the selected
charity.
This year, Giving Tuesday,
which is November 29, 2016, will be an international day to build
awareness, to raise donations for those less fortunate, and to encourage
ongoing giving. By using the Coin Up app, people will find it easy to
participate in Giving Tuesday, and continue to give incrementally
throughout the year. They will even get a tax-deductible donation
receipt from their charity.
About Coin Up:
Coin Up is an innovative mobile app that provides a platform for donors to give effortlessly and securely to their favorite charitable cause. Once downloaded and registered, the app will round up purchases made on your credit card or debit card and directly send funds to your chosen charity. The app is free to download and has been designed to simplify giving by using incremental spare change to create major social impact. Coin Up's mission is to create a society that engages in charitable giving through the convenience of everyday transactions. The company wasfounded by Leena Patidar . For more information on Coin Up, visit the site at: https://www.coinupapp.com YOUR CHANGE. YOUR IMPACT
Coin Up is an innovative mobile app that provides a platform for donors to give effortlessly and securely to their favorite charitable cause. Once downloaded and registered, the app will round up purchases made on your credit card or debit card and directly send funds to your chosen charity. The app is free to download and has been designed to simplify giving by using incremental spare change to create major social impact. Coin Up's mission is to create a society that engages in charitable giving through the convenience of everyday transactions. The company wasfounded by Leena Patidar . For more information on Coin Up, visit the site at: https://www.coinupapp.com YOUR CHANGE. YOUR IMPACT
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