An overview of payment processors and our suggestions for best results and best processing rates.
To maximize donations, we recommend connecting both of the following payment processors:
Connecting your Stripe account will allow you to offer the following payment options to your donor base:
- Credit Card (required)
- Apple Pay
- Google Pay
- ACH / Bank Login
- Others as they become available
Why do you like Stripe so much? Stripe is a modern payment processor that offers low rates for nonprofits, excellent support, and zero contracts or lock-in -- much like Fundraise Up! Additionally, only Stripe allows us to offer Apple Pay, Google Pay, and Instant ACH with zero work on your end, as well as allowing us to perform advanced anti-fraud detection.
Connecting your PayPal account will allow you to offer PayPal as a payment method. This can account for up to 20% of your donations, when offered. This is a preferred option for some donor base groups, and particularly when users do not have a credit card nearby (but know their PayPal password)
Processing Rates and Fees
Neither Stripe nor PayPal charge monthly fees.
For most credit cards (including Apple Pay and Google Pay via Stripe), nonprofit rates are currently 2.2% + 35cents per transaction for both Stripe and PayPal.
American Express is typically a higher rate, around 3.5%
ACH/eCheck/Bank Transfer is .8%, with a maximum of $5
Standard rates, not on a non-profit / 501c3 verified tier, will vary and are available on the respective website pricing pages.
Opening an Account and Requesting Non-Profit Rates
Please visit this link for PayPal.