Credit Card Processing Fee (2.9% + 30¢) + GivePulse Service Fee (1%)
GivePulse uses a payment service called Stripe. Stripe charges a simple 2.9% + 30¢ per transaction and includes the credit card processing. Specifically, every donation that goes through GivePulse will leverage the Stripe payment platform and a GivePulse processing fee will be applied to it. GivePulse charges 1% for every donation. After the processing fees have been applied, we automatically credit the organization's remaining balance. e.g., if your group receives a donation of $100 from GivePulse, Stripe will charge 2.9% + 30¢ (a total of $3.20) and the GivePulse service fee will be $1 dollar. We accept the following:
Note: For those who want to get wired the amounts instantly. We offer a way to process donations via Stripe connected accounts. This process is ~0.5% per transaction and is included in the GivePulse 1% to wire the money directly to your bank. For further information you can review this https://stripe.com/us/connect/pricing
What do we do with the 1% (technically 0.5%)?
This will help GivePulse continue enhancing its infrastructure, feature set, it's donation fund and most importantly invest back into the communities and partners we serve.
This is one of many stories where our team spends time and resources to help nonprofits.
The below video link is our relationship with Keep Austin Fed (a food recovery nonprofit).
Synopsis: We built a database tracking all the interactions w/ text messaging SMS service mobilizing volunteers to pickup food and drop off.