Whether you are connected to Vega or have independent Stripe accounts, you can request discounted nonprofit rates.
Please note that by accepting the non-profit discounted rates the organization will also be subject to any updated policies on the STRIPE pricing page:
Stripe for nonprofits charges a fee for every transaction, but there aren’t any additional fees that you need to worry about.
How to apply
If your organization has nonprofit status and will be processing 80% or more of donation payments on Stripe, email firstname.lastname@example.org with the following information:
Your EIN, or a letter from the IRS designating your 501(c)(3) status
Confirmation of the primary email address associated with your Stripe account
Confirmation that greater than 80% of your payment volume will be tax-deductible donations.
Some examples of non-eligible donations include membership fees, tuition payments, ticket sales, registration fees, and auction payments.
You can also inquire about volume discounts if you process more than $100k per month. To inquire, contact the Stripe Sales team.
Note In the case of clients that are connected to the Vega platform, if they’re Standard Connect accounts using direct charges, they’ll need to reach out to Stripe on an individual basis for discounts.
Stripe process discounted pricing requests for accounts on a weekly basis, so once you send in the necessary information, Stripe update their pricing within a week.