Stripe non profit discount
Save on transaction fees by applying for Stripe's nonprofit rates.
In this article:
- 💸 Are you paying the correct Stripe fees?
- 📨 How to apply for the Stripe nonprofit discount
- 💳 Current Stripe Rates
- 🤔 Not sure what you're currently paying?
- ✅ Take Action
💸 Are you paying the correct Stripe fees?
If your organisation is a registered nonprofit and processes the majority (80% or more) of its payments through Stripe, you may be eligible for discounted rates.
Read more about eligibility and how to apply: Stripe non profit discount
📨 How to apply for the Stripe nonprofit discount
Email nonprofit@stripe.com with the following:
- Your organisation's nonprofit status
- Confirmation that 80% or more of your Stripe transactions are donation payments
💳 Current Stripe Rates
Last updated: 2024-05-06
Country | Normal Rate | Nonprofit Rate | % Savings |
New Zealand | 2.7% + $0.30 | 2.50% + $0.30 | 7.41% |
Australia | 1.7% + $0.30 | 1.44% + $0.30 | 15.29% |
Canada | 2.9% + $0.30 | 2.20% + $0.30 | 24.14% |
United States | 2.9% + $0.30 | 2.20% + $0.30 | 24.14% |
🤔 Not sure what you're currently paying?
- Open your Stripe dashboard on the payments page
- Click on any payment
- Ensure it's a local card, as foreign cards may have different rates
- Hover the pointer over the "i" on the fee row.
Use this formula to calculate your current Stripe percentage:
(Stripe processing fees - $0.30) - Amount * 100 = Stripe fee %
Example:
- Fee: $0.98 on a $25 donation
- (0.98-0.30) / 25 * 100 = 2.72%
In this example, the organisation does not have the non profit discount and is losing out on 0.2% of all revenue.
If you're seeing anything above the nonprofit rate, you're likely missing out on savings.
✅ Take Action
Visit Stripe's support page and click "Contact support" in the top right: 📧 Contact Stripe support about nonprofit rates
⚙️ Coming soon: Hivepass will automatically check if you're on the right Stripe rate, so you won't need to calculate manually.