The Drops app allows you to donate the spare change from your credit and debit purchases to charity. The startup links up with your bank account and rounds up every purchase you make with a card. You can choose your charity, which allows you to support a cause that resonates with you, whether it's human rights, access to clean water or disaster relief.
There is also the option to set a limit or donation goal, with a minimum of only $5. The Drops app doesn't take a cut of your donation, so you can be sure that you are making a direct impact. However, you can tip the team after every single donation, and you can choose how much that tip is for.
Donation-Facilitating Apps
The Drops App Makes Donating Money to Charity an Automated Process
Trend Themes
1. Automated Charity Donations - The Drops app automates the process of donating spare change from credit and debit purchases, making it easier for people to support their chosen charity.
2. Personalized Giving - By allowing users to choose their charity and set donation goals, the Drops app enables personalized giving that resonates with individual values and priorities.
3. Transparency in Donations - By not taking a cut of the donation and offering the option to tip the team, the Drops app promotes transparency in the donation process and builds trust with users.
Industry Implications
1. Fintech - The Drops app intersects with the financial technology industry by linking with users' bank accounts and utilizing card transactions for automated donations.
2. Nonprofit/cause-based Organizations - The Drops app provides a platform that connects users with a wide range of nonprofits, allowing these organizations to benefit from the convenience and accessibility of automated donations.
3. Mobile App Development - The Drops app showcases the potential for innovative mobile app development in the social impact space, creating opportunities for developers to build similar donation-facilitating apps.