News Articles

Wednesday, November 4, 2009

O2 gives charities an extra 10% from text messages

O2 UK has given an insight into the costs payable by charities that receive donations by text message. From this month it’s cutting its charges for charities that receive donations by text message via its dedicated ‘70’ prefixed short codes. This follows the ruling that VAT is not payable on charity donations made via text message.

As a result, charities that receive donations of up to £10 via texts to O2 will receive 90% of the donation; around 10% more than previously. However, things aren’t quite that simple because those charities will also need to pay an ‘aggregator’ to set up the text message service and arrange connection to the mobile networks. O2 says its 10% charge covers network costs, VAT on the cost of the text message, insurance against bad debt and third party costs. [O2 blog]

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: NewsNumber of views: 1600

Tags:

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«November 2024»
MonTueWedThuFriSatSun
28293031123
45678910
11121314151617
18192021222324
2526272829301
2345678

Archive

Terms Of Use | Privacy Statement