The latest technology to be adopted by the Obama campaign—Square. The mobile payments device is now being used by the Obama for fundraising, says the company. Staff, fundraisers and others are being equipped with the card reading devices, says Square, enabling the campaign to take donations on the go via Android devices, iPhones or iPads.
“Whether you’re a Republican or a Democrat, running for president or local assembly, Square makes it easier than ever for candidates, organizations and volunteers to fundraise for their cause,” said a spokesperson for Square.
There’s no doubt that using a mobile payments device from Square makes fundraising much easier. With traditional forms of fundraising, if you want to donate money at a fundraising event, you often have to fill out a form and hand over a check or cash at the event. If you don’t have your checkbook or cash handy (which, many of us don’t), credit cards are the only option. You can write down your credit card number and info for fundraisers to charge at a later date, but you have to trust that the fundraiser keeps track of that information and paper.
With Square, there is both a convenience added for both the payee and fundraiser. The donation is instantly processed, and Square will send the receipt via SMS or email to the payee. Of course, political contributions and donations are a little more complicated because of the reporting requirements associated with donations. We’re told the same processing fees (2.75 percent) apply for use by non-profits and political campaigns. Read More....
I wonder when it would happen in Nigeria, or indeed Africa. What about Mpesa In Kenya, MTN money all over Africa, Paga or Pocketmoni in Nigeria? Or will the big politicians ever need to raise funds from the common man through this means?