Credit Card News: Technology

Selected cards: 0
Compare
Advertising Disclosure
New App Lets You Donate Spare Change With Your Credit Card
30 Mar
If you’d like to donate more money to good causes, but you never seem to get around to setting up the donations, a new app will make it easier to be generous.

The app, called Movements, lets users donate small amounts that come from their credit cards. Here’s how it works: people choose a project they’d like to donate to. Then they link a credit card or cards (debit cards work too) to the app, using secure, encrypted channels that ensure the accounts are not compromised. Every time they make a purchase using those linked cards, Movements will round up the amount to the nearest dollar and make the extra amount available for donations.

If people aren’t sure what sort of cause they’d like to donate to, Movements also suggests some. The app showcases curated social projects in seven different categories, making it easy to choose one that users are passionate about. Curated projects have funding goals and time limits, giving folks an incentive to choose a cause or project they really want to see succeed.

Encouraging Millennials to Give

The inventors of Movements wanted to make it easier for young people to start donating money to good causes; research shows that although they are the largest demographic in the United States, Millennials also give the least to charity. Instead, they prefer to give their money to projects that are crowdfunded via websites like Kickstarter or GoFundMe. Movements doesn’t donate money to nonprofits or traditional charities; instead, it donates to individual projects. This allows full transparency about what happens to donations.

Once a user has donated to a cause, they will receive regular updates about the project via the app. Jong Woo, founder of Movements, says the app was created with the idea of inspiring younger people to donate money. “We knew we had to create something that would resonate with today’s generation of charitable donors to leverage the power of tech and social media to expand upon the way we impact the world around us.” Woo says Movements will “disrupt the industry” of charitable donations.

The Movements app is available for free at the App Store for download to Apple iOS devices, and can be linked to any credit card or debit card.

Read Also Related News

  • 15 Mar

    Commuters who spend a lot of time in the car will be happy to hear that there’s a new way for them to fuel up fast and pay quickly and securely, without even getting out of the car. Gulf Oil is launching a new mobile payment app,...

  • 23 Dec

    There’s no question that technology has changed all our lives, but which innovations has made the biggest impact? And which ones are poised to make even bigger impact over the coming years? Robin Raskin, founder and president of...

  • 13 Sep

    Chase Auto Direct is a new digital service that will revolutionize the car-buying experience, making it easier to find and purchase a vehicle with a few clicks and a quick visit to the dealership. Current Chase customers in select US...

looking for a Credit CARD:
Credit One Bank®: Credit One Bank® Platinum Credit Card with Rewards
Apply Online
Receive 1% cash back on eligible purchases, terms apply
Mid America Bank & Trust Company: Milestone® MasterCard® with Free Choice of Card Image
Apply Online
Applying is quick and easy with our fast decision process
Horizon Card Services: Horizon Gold Credit Card
Apply Online
Guaranteed $500 Unsecured Credit Limit
Credit One Bank®: Credit One Bank® Platinum Visa®
Apply Online
See if you Pre-Qualify without harming your credit score
Want to Read News From Other Categories?
Your Money
Card Issuers
Travel
Security
Shopping
Technology
  • 20 Jun

    Discover cardholders will be able to contact customer service more easily with the advent of in-app messaging, which allows customers to communicate with Discover customer service agents without having to stop and restart their interactions when they are logged into or...

Customer Questions

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • 0 Selected Cards Compare