For each transaction, Stripe also charges a payment processing fee. For the Charity Sale, the donor has the choice of buying their ticket via credit card or ACH (direct bank transfer). Depending on the payment method, Stripe charges the following rates:
- For credit card donations, Stripe's rates are 2.9% + $0.30. They offer a nonprofit discounted rate of 2.2% + $0.30! See this page for more details.
- For ACH (bank-to-bank) donations, Stripe charges 0.8%, with a maximum fee of $5.
Both of these fees are deducted from each donation and require no out-of-pocket payment to either platform.