Facebook drops fundraising fees for personal causes
Despite Facebook being under fire for everything pertaining to Cambridge Analytica, the company still hopes to be able to do some good. Today, Facebook is dropping its platform fees pertaining to fundraisers for personal causes.
That means Facebook is getting rid of the 4.3 percent platform fee in the U.S. and the 6.2 percent fee in Canada. Those fees were charged to cover a review process for and vetting for each fundraiser. Now, Facebook says it will absorb the costs associated with those safety and protection measures.