![]() ![]() Stripe charges a 2.9% + $0.30 fee for each credit or debit transaction, but eligible nonprofits may qualify for discounted processing fees. Nonprofits can use Stripe’s API to integrate this payment processor with their CRM to accept donations. However, Stripe is also making plans to support cryptocurrency transactions. These donations can be made using major credit cards and ACH Direct Debit payments. Its reach extends to 47 countries, meaning you can accept donations via Stripe from several parts of the world. Stripe is one of the most popular payment processors worldwide. ![]() PayPal charges 2.9% + $0.49 per transaction, but eligible 501(c)3 organizations may qualify for reduced rates. Nevertheless, so many resources are available for donors who choose to make contributions via Paypal. This requires an additional step on the donor’s part and may result in the donor abandoning the donation. This tool allows you to add and customize a donate button on your website so donors can make secure contributions using credit cards, ACH Direct Debit payments, and digital wallets.ĭonors making payments via Paypal will need to do so through their PayPal account. PayPal is an excellent payment processing tool for new and small nonprofit organizations, especially if most of their donors are based in North America. Keela users can also use KeelaPay, an efficient and effective way to collect and report online contributions. ![]() Keela integrates with Paypal and Stripe, which means you can easily accept donations using KeelaForm if your organization has Paypal or Stripe accounts. You can find a comprehensive list of options here, but PayPal and Stripe are the most popular payment processors for nonprofits. There are several payment processing options available to nonprofit organizations, and each of them has its advantages, unique features, and limitations. Which Payment Processing Tool is Best for Nonprofits? A secure payment processing system will keep your donations safe and your mind at rest. Traditional methods of donations, such as cash and cheques, can easily get into the wrong hands and be manipulated. Your nonprofit payment processor offers you a low risk of theft and scams. This middle person allows you to process multiple transactions simultaneously and ensures each transaction is completed promptly. Think of a payment processor as a middle person between your nonprofit and donors when a contribution is being made. The information, usually collected via a donation form, is used to finalize transactions and ensure that the donations go through. Enhance Your Donors' Giving Experience with KeelaPayĪ nonprofit payment processor is a tool used to collect donors’ financial information when they make a contribution online.What to Look for When Choosing a Payment Processor for Your Nonprofit.Which Payment Processing Tool is Best for Nonprofits?. ![]()
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