Lydia money pots allow the collection of money via a web page, without imposing a specific amount on participants. Their creation is simple and free, and it is not required to have the application or an account to participate.
Creating a money pot
Users can create a money pot free of charge from the money pots screen (or by tapping here from a mobile phone).
All the money pots that have been created and are still open can be accessed from this same screen.
Money pot online page
An online page is created and automatically associated with each Lydia money pot to allow contributions from people who don't have the application.
It is displayed via a dedicated Internet address (its URL), to anyone who can access the Internet, whether from a computer or a smartphone.
Customize the money pot
The online page can be customized to present the purpose of the money pot and encourage visitors to participate.
Sharing a money pot
The address of the online page needs to be shared via a messaging application with the people who wish to contribute.
This URL is accessible from the web browser on which the page is displayed, or from the application, by clicking on the Share icon on the money pot.
Participate in a money pot
Visitors to the money pot online page can participate, free of charge, in different ways. They don't need to download the Lydia application, nor create a customer account. All they need is a web browser with a link to the money pot, and a means of payment.
They will have to define the amount of their participation and indicate their first and last name (or at least the holder of the means of payment used). It is not possible to participate anumously.
by card
It's possible to participate with a debit, credit or prepaid card, whether personal or business.
-> See the list of accepted cards
By wire transfer
Perform an instant or standard wire transfer from a banking application to the dedicated money pot IBAN indicated on the online page.
With Lydia application
From a computer, click on the “With Lydia” button, then finish on your phone. From a phone, clicking on a money pot link will automatically open the Lydia application. Customers can also participate using their Sumeria account if they have the application.
Participate with Apple Pay (soon)
Tracking money pot contributions
The money pot owner can consult and track the number of entries in the money pot from the application.
It's possible to be notified via email for each new participation.
By activating mobile push notifications, the customer will be automatically notified on his phone of each new participation.
End of a money pot
Withdrawing the collected money
The creator has 2 ways of withdrawing the collected money :
- withdrawing the money to the Lydia wallet or on an external bank account via instant wire transfer;
- purchase an Amazon gift card. The user will receive the code instantly on the application, and a few seconds later by e-mail.
Fees and commissions
A 4% commission is applied when the creator withdraws money from the money pot to another account. However, no commission is charged if the money is used to purchase an Amazon gift card.
No fees are applied to participation or to the participants, whatever the means of payment used (except for any fees applied by the issuer of the payment mean).
In cases where commissions were applied, an overview of past fees is available in PDF format in the tab "Documents" then "Fee statements".
Closing a money pot
Once the collection is over and the money pot balance is €0, the creator can close the money pot from the application by tapping on "Close this money pot" at the bottom of the money pot page.
From that point on, the online page is no longer accessible, and no further participation will be possible. This action is irreversible.