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Is there a non-profit discount?

Yes!  Stripe now offers lower transaction fees for registered 501(c) non-profits.
 
Details:
  • 2.2% + $0.30 / transaction for non-AMEX cards (3.5% + no fixed fee for AMEX)
    • The standard rate is 2.9% + $0.30
  • Stripe will also waive fees on your first $15K of volume, starting from when Stripe applies the discount, and ending once you've either exceeded $15K in processing volume or on the one year anniversary of the promotion being applied
 
How do I get started?
To confirm eligibility and activate non-profit pricing, please email support@stripe.com and provide the following:
  1. Your Stripe account's email address
  2. EIN (employer identification number)
  3. A letter stating your 501[c] status (ideally an IRS letter)
 
FAQs
 
I'm not yet processing payments in my app - how do I get started?
 
  
Is there a minimum volume of payments that need to be processed to get the discount?
 
There is no minimum.
 
Why is the percentage higher for AMEX?
 
AMEX traditionally charges a higher transaction percentage fee to merchants versus other card providers, so Stripe appears to be breaking out AMEX cards as a separate fee to partly offset (and enable) this non-profit discount.
 
Got questions? Check out our Payments FAQ or drop us a line at support@groupahead.com.
 

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