Digital platforms that facilitate monetary contributions to individuals or organizations through a mobile application are increasingly common. These services allow users to send and receive funds electronically, often directly from a bank account or debit card. For example, a non-profit organization might utilize such an application to collect charitable gifts during a fundraising campaign.
The value of these tools lies in their convenience and accessibility. They offer a streamlined method for transferring money, reducing the reliance on traditional payment methods like checks or cash. Historically, these applications emerged as a response to the growing demand for peer-to-peer (P2P) payments but have expanded to encompass broader applications, including support for charitable giving and crowdfunding efforts.