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by thinkcomp 5253 days ago
Collecting money to transmit to a third party is money transmission and requires a license in 46 states + Washington, D.C.

http://www.plainsite.org/issues/index.html?id=1

1 comments

We've been looking at the best ways to deal with finances, and we are thinking of adopting Kickstarter's model. This way we wouldn't hold the money itself - we would direct all transactions to the bank account of the partnered lobbying / advocacy firm of a cause.
(in response to thinkcomp's reply to this)

we are using stripe.com as a our payment processor, and they allow exactly what you've stipulated.

We'd love to have an extended chat about this - mind reaching out at contact@wethelobby.com?

Do you get to choose which cause you are donating to? Either way, you would basically need to have that organization directly debit the donor's account. Sounds tricky.