Fund My Team – Frequently Asked Questions

Basics

What is FundMyTeam.co.uk?

FundMyTeam.co.uk is a service to easily collect money through the Internet.

Who can use FundMyTeam.co.uk?

Everyone who needs to raise money for a team purchase whether that's new kit, running costs, tournament or travel fees.

How does FundMyTeam.co.uk work?

  1. You create a FundMyTeam.co.uk project and set the target amount you need to raise.
  2. Send the URL of the FundMyTeam.co.uk project to the people who you want to collect money from.
  3. People go to your FundMyTeam.co.uk project and send you the money with their credit card or Paypal account using Paypal's secure servers.

Is it secure?

The FundMyTeam.co.uk payment process is completely secure. As the Fund My Team site uses Paypal as our payment processer, all transactions are managed and controlled on their secure servers.

Do you save my credit card information?

PayPal processes all of the transactions on FundMyTeam.co.uk. No one sees your credit card information besides PayPal, not even us.

What fees do FundMyTeam.co.uk charge?

The service is free to donate to a project. FundMyTeam.co.uk project creators will incur a 6% fee on any project withdrawals which covers any charges applied by PayPal processing fees.

Sending Money

Do I have to register with FundMyTeam.co.uk to send money?

No, you don't need to register with FundMyTeam.co.uk to send a contribution.

How much can I send?

As much as you like. FundMyTeam.co.uk projects allow you to donate as little* or as much as you want to.  * Minimum donation amounts are set by project creators.

Which payment methods do you accept?

You send money through PayPal.  You can use any payment method accepted by PayPal; whether that be credit or debit card or your own Paypal account.

Do I have to be a PayPal customer to send money?

No, you just need a valid credit or debit card.

If I make a contribution, when will my money be withdrawn?

When you make a contribution, your credit card or PayPal account is charged immediately.

Receiving Money

How much can I raise?

Each FundMyTeam.co.uk can raise up to £1,000,000.  The minimum project amount that can be raised is £50.

Can I change the target amount of a FundMyTeam.co.uk project once it has started?

Yes, you can change it via the My FundMyTeam.co.uk account administration area.

Is there a maximum number of contributors allowed for a FundMyTeam.co.uk project?

There is no maximum number of contributors allowed for a FundMyTeam.co.uk.

How can a Public FundMyTeam.co.uk project succeed?

When you create a Public FundMyTeam.co.uk, you have to spread the word over the Internet and convince people to donate. Here are some tips:

  1. Insert an accurate description. Describe who you are and why people should sponsor or donate to your fundraising project.
  2. Insert a link to your website, so that people can check it out.
  3. Insert a custom image.
  4. Invite your Facebook friends to contribute: you can use the social sharing icons on your FundMyTeam.co.uk project page.
  5. Link your FundMyTeam.co.uk project from your website or write a post about it on your blog

FundMyTeam.co.uks project's have duration. How long can a FundMyTeam.co.uk project last?

The set duration of a FundMyTeam.co.uk project is an incentive to people to contribute immediately. A FundMyTeam.co.uk can last up to 1 year. The time limit is set by the FundMyTeam.co.uk creator when a FundMyTeam.co.uk Project is started. Once the FundMyTeam.co.uk Project is expired, people can't send you any more money through the FundMyTeam.co.uk project.

What if a FundMyTeam.co.uk project reaches its target amount before time expires?

If a FundMyTeam.co.uk project reaches its target amount before its time expires, FundMyTeam.co.uk will continue to accept contributions until the full time period expires.

What if a FundMyTeam.co.uk project dosen't collect its target amount in time?

The FundMyTeam.co.uk project remains online, but stops accepting contributions. Of course, the money you raised is still yours! You can use the partial raised amount for your need. And you can start again the FundMyTeam.co.uk to try to collect more money.

How can I see the list and details of contributors?

You can view the list and details of all contributions via the 'My Account' area whilst logged in.

Is there a minimum amount per donation on a project?

Project creators can set a minimum donation amounts with the minimum set as low as £2.

PayPal and Money Transfer

What is PayPal and how does it work with FundMyTeam.co.uk?

PayPal is a popular service that allows online transactions to occur instantly and securely. With PayPal, individuals and businesses can send and receive payments via the Internet. FundMyTeam.co.uk has integrated its functionality with PayPal''s popular service to provide the most efficient and effective means to collect money. For more information on PayPal and to sign up, please click here.

Do I have to be a PayPal customer to use FundMyTeam.co.uk?

You do not need to be a PayPal customer in order to send money. However, the only way to receive money is through PayPal. Therefore, FundMyTeam.co.uk creators must have PayPal accounts.

What type of PayPal Account (Personal, Premier, or Business) I need?

FundMyTeam.co.uk works with any type of PayPal account. You may need to use a Premier or Business account to overcome some limitations of Personal Accounts.

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