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DailyKarma Collaborates with Change for Charitable Giving Compliance

In a significant move aimed at enhancing the compliance of charitable giving, DailyKarma has formed a strategic partnership with Change, a leading technology company that specializes in donation and compliance solutions. This collaboration comes as many brands adapt to new regulatory landscapes and strive to integrate charitable giving into their consumer experiences effectively.

Background of the Partnership

DailyKarma is widely recognized for its expertise in cause marketing tools tailored for e-commerce platforms. The company supports over 2,000 brands, enabling them to include various charitable components in their customer interactions. Notable partners include well-known brands such as Unilever's Olly and Rare Beauty.

The recent enactment of California Assembly Bill 488 (AB 488) has introduced stringent compliance requirements for charitable fundraising platforms. Under AB 488, organizations must register with the state, obtain written consent from featured nonprofits, and ensure that funds are distributed within a 30-day window. DailyKarma, recognizing the need for a robust compliance framework, reached out to Change to help navigate these obligations.

Key Benefits of the Partnership

Streamlined Compliance

By teaming up with Change, DailyKarma has successfully implemented a system that meets AB 488’s compliance requirements. Change's innovative compliance tools and user-friendly APIs facilitate the collection of necessary consents from nonprofits and guarantee prompt fund distribution.

“Legal compliance is our foremost priority,” commented Patricia Dao, CEO and co-founder of DailyKarma. “Change has become an invaluable partner in securing the requisite consent from the organizations we support. Their intuitive resources have made the donation process not only seamless but also efficient.”

Enhanced Transparency

The partnership also promises to bolster operational efficiency within DailyKarma’s platform. With improved processes, brands utilizing DailyKarma's charitable giving tools can offer customers increased transparency during the donation journey. This transparency helps build customer loyalty while reinforcing the brand's reputation in the eyes of consumers.

About DailyKarma

DailyKarma is a leading force in the realm of cause marketing. The platform enables top e-commerce brands to seamlessly integrate charitable donations into the shopping experience. With features ranging from checkout round-ups to percentage-based donations and loyalty rewards, DailyKarma's comprehensive solutions facilitate effective shopper engagement while ensuring compliant donation practices.

About Change

Change specializes in streamlining donations and compliance for organizations within the charitable sector. Their platform allows companies to contribute to any charity while maintaining compliance with regulatory standards. Change is trusted by numerous prestigious companies such as Mars, Jackpocket, and Topicals for secure donations and compliance management.

In summary, the partnership between DailyKarma and Change represents a pivotal step towards simplifying the complexities surrounding charitable operations and fostering responsible corporate giving. As companies navigate the ever-evolving regulatory terrain, such alliances are proving essential to ensuring compliance while making a meaningful impact in their communities.