# Tibit offers microdonation channel for charities

- Link: https://fundraising.co.uk/2016/04/01/tibit-offers-microdonation-channel-charities/
- Published: 2016-04-01T09:00:22+01:00
- Author: Melanie May

**A way of giving microdonations has launched that aims to give charities a new 
way of raising funds.**

[Tibit](http://www.tibit.com) enables people to sign up online and purchase bundles
of ‘tibs’ that they can then spend where they see a Tibit link or button. Clicking
this button or link takes the donor to a confirm screen where they can confirm their
intention to send a tib, and tibit then transfers the money in the form of bitcoins.
Charities can place a tib link or button on their site, or let supporters place 
tib buttons or links on their blogs or websites as can be seen on the [Charities Buying Group page for Jobs for Veterans](http://www.charitiesbuyinggroup.com/jobs_for_veterans.aspx).

 

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To donate using tibit, individuals can use their social media logins or sign up 
using their email address and a password. Tibs are bought as a bundle of ten or 
more on the tibit site with credit/debit cards or bitcoins, with the purchaser choosing
the tib value.

If a donor has linked their twitter account to tibit, an automatic tweet is sent
that tells their followers about the donated tib. To amplify reach, the tweet includes
a link back to the tib button they clicked.

Charities can also either use tibit as a standalone service and handle the admin
side themselves, or they can go to the Charities Buying Group who will manage the
income from received tibs for them. There are no setup or fixed running costs to
use tibit, although charities pay a small commission on the donated tibs.

 * **[Over £70 million raised through CAF Donate](https://fundraising.co.uk/2017/02/14/70m-raised-caf-donate/)**(
   14 February 2017)
 * **[New online toolkit launches to help charities with digital](https://fundraising.co.uk/2017/04/10/new-online-toolkit-launches-help-charities-digital/)**(
   10 April 2017)
 * **[New goDonate platform helps smaller charities increase online donations](https://fundraising.co.uk/2018/04/19/new-godonate-platform-helps-smaller-charities-increase-online-donations/)**(
   19 April 2018)

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