🧪 Beta feature

  • Funraise Payments is in closed beta, contact us to request access

  • Only available for USD platforms at this time

About Funraise Payments powered by Stripe

Funraise payments powered by Stripe is a payment processing solution that supports Card, ACH, and Apple Pay payments. Because Funraise Payments is backed by Stripe, you can rely on industry-leading security and payment management with Stripe's platform.

With Funraise Payments you can accept and manage donations with Funraise's platform and manage payments and payout details in Stripe's platform.


Transaction Fees

Processing Fees

Card

2.9% + 30¢

ACH

0.8% (max $25)

Currency Conversion*

+ 1%

Stripe Radar (Fraud protection)

Included

*Currency Conversion — Any payment in a currency other than your organization's platform currency will incur an additional 1% conversion fee. Because you control the currencies available on your forms, you can avoid exposure to this fee as desired.

Platform Fees

Although Funraise's platform fees are not processing fees, it's good to know that platform fees are additional fees assessed on payments. Funraise platform fees cover the cost of the software. While processing fees are consistent, your platform fees are based on your plan.

In most cases, your organization will be on Funraise's Donors Cover Fees plan, which provides an effective platform fee of 0% because Funraise only charges a platform fee if the donor chooses to cover the fee. It's good to know that when a donor covers fees, they cover the entire platform fee and a portion of the processing fees, which significantly reduces your effective processing rate as well.

In the case of a flat rate plan, your processing fee and your platform fee will be charged with each payment.

With Funraise Payments, both the processing fee and Funraise's platform fee are rolled into a single fee in Stripe called Application Fees.


Fee examples

The tables below show a common example of a $100 donation with Funraise Payments and Donors Cover Fees activated.

☝️ About 90% of donor cover fees

Card Payment

Donation Amount

Donor Covered Fees?

Processing Fees

Funraise Platform Fee

Net

Amount

$100

Yes (+$7.70)

$3.42

$5.00

$99.28

$100

No (+$0.00)

$3.20

$0.00

$96.80

ACH Payment

Donation Amount

Donor Covered Fees?

Processing Fees

Funraise Platform Fee

Net

Amount

$100

Yes (+$7.70)

$0.86

$5.00

$101.84

$100

No (+$0.00)

$0.80

$0.00

$99.20

A note about Donor Covers Fees V2 — If your organization has opted into the beta of Donors Cover Fees V2, your donors can choose their own fee coverage amount, rather than a binary option. This beta feature has shown promising results and we're hopeful we'll be able to release this improvement more widely soon.


Good to know

Data sync

In addition to basic payment data, Funraise sends helpful metadata to Stripe with each payment.

  • Name

  • Address

  • Allocation

  • Form

  • Recurring (T/F)

  • Soft Credit (email address)

  • Donation tags

  • Anonymous (T/F)

  • Campaign Site Name

Funraise Payments can not be connected to an existing Stripe account

When you create a Funraise Payments connection in Funraise's platform, you're creating a new Stripe account. A Funraise Payments account can not be connected to an existing Stripe account. Although, in Stripe's platform, you can manage multiple accounts under the same login email.

Chargebacks and disputes are resolved through Stripe

While Funraise Payments simplifies much of the costs associated with online payments, chargebacks and disputes are resolved through Stripe and may have their own fees.


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