Credit Card Donations Reach Disaster Victims Faster Than Text Messages

By , CardRatings contributor
  • Google +
  • Twitter
  • Facebook
Credit Card Donations Reach Disaster Victims Faster Than Text Messages

On a recent MSNBC broadcast, host Rachel Maddow discovered a little-known fact about text message charges that marketers have understood for some time. Mobile phone carriers can easily collect "third-party" fees on behalf of charities when subscribers send messages to special "short code" numbers. However, since most Americans use "post-paid" mobile phones, it can take up to thirty days for a donor to see their gift appear on a phone bill.

Maddow spoke on-air with Tony Aiello, spokesperson for mGive, a company that facilitates mobile donations. According to Aiello, many cellular providers take another thirty to sixty days to process customer payments and transition donations to payment processors, like his company. In the worst case scenario, an impulse pledge to help victims of the Haitian earthquake might not result in liquid funds for aid workers until ninety days later. 

Credit card donations, on the other hand, process through most agency websites and call centers overnight. With most payment processors waiving interchange fees for earthquake relief donations, making a secure credit card donation online or over the phone can actually release cash to charities much sooner than a convenient text message. Secure websites accepting credit card donations for earthquake relief efforts include:

Federal officials warned consumers this week to place donations only on trusted websites or with established charities. Scammers have already set up phishing websites using earthquake relief donations as the hook to capture consumers' personal information. By making secure donations on any of the above websites, consumers can ensure that their cash gets put to real use in Haiti, as quickly as possible.

0 Responses to "Credit Card Donations Reach Disaster Victims Faster Than Text Messages"

No Comments

Leave a Comment
About Our Ratings ×

Our editors rate credit cards objectively based on the features the credit card offers consumers, the fees and interest rates, and how a credit card compares with other cards in its category. Ratings vary by category, and the same card may receive a certain number of stars in one category and a higher or lower number in another.

The ratings are the expert opinion of our editors, and not influenced by any remuneration this site may receive from card issuers.

Advertisers in our database are highlighted, and advertisements include an option to apply using links on our site. CardRatings.com may be compensated by companies mentioned on the site when a user's application is accepted or approved by such companies.

How do your cards stack up?

Compare your card starting here


Featured Partner Cards