Stripe non profit discount
Are you paying the correct fees with your Stripe account?
If you are a not for profit and using Stripe for the majority of your donations (80%)you can contact Stripe to get a discounted rate. Stripe non profit discount
If your organization has nonprofit status and will be processing 80% or more of donation payments on Stripe, email nonprofit@stripe.com with the following information:
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% |
I'm not sure what we are paying?
- Open your Stripe dashboard on the payments page
- Click on any payment
- Make sure it is not a for a foreign card as these can be different rates
- Hover the pointer over the "i" on the fee row.
- Use this formula to work out the Stripe percentage
- (Stripe processing fees - $0.30) - Amount * 100 = Stripe fee %
- e.g. (0.98-0.30) / 25 * 100 = 2.72%
You can see in the real world example above that this organisation does not have the non profit discount and is losing out on 0.2% of all revenue.
Action
Click the below link and the then select "Contact support" in the top right to talk to Stripe:
We will be automating this check in Hivepass soon so you don't need to do the calculation above🙂