Compare PayPal and Stripe side-by-side and choose how to receive the money you raise.
Before you can launch your first fundraising Experience on our platform, you’ll be asked to connect either a PayPal or Stripe account. Both allow you to securely receive funds as they’re raised with little to no holding period, but there are some key differences.
PayPal
- Payment processing fee: 2.59% + $0.49 per transaction. This rate may change depending on your circumstances. Contact PayPal’s customer success team to confirm your fee rate.
- Discount for registered US 501(c)(3)s: 1.99% + $0.49 per transaction.
- International fees: Vary by country.
- Countries supported: 200+
- Currencies supported: 130+
- Payout time: Funds immediately available from PayPal account, transfer to bank account takes 1-3 business days on average.
- Donor payment options for our platform site: Debit and credit cards, PayPal.
Stripe
- Payment processing fee: 2.9% + $0.30 per transaction. These rates may change depending on your circumstances. Contact Stripe’s customer success team to confirm your fee rates.
- Discount for registered US 501(c)(3)s: Commonly 2.2% + $0.30 per transaction. Contact Stripe to confirm.
- International fees: Vary by country.
- Countries supported: 46+
- Currencies supported: 135+
- Payout time: Depends on your payout schedule.
- Donor payment options for our platform site: Debit and credit cards, Apple Pay, Google Pay.
Good to Know
- You can change the way you receive funds at any time. Any changes will be applied to all active Experiences on your account.
- If your Experience is already active, only new donations will go to the new account. You’ll still have access to all previous donations in the old account.