No. Give Lively was created for the sole purpose of giving away what we build. Our philanthropist founders cover the cost of running our business, which means we do not charge nonprofits for use of our services. There are no setup fees, no monthly or annual fees, no commitments, nor hidden transaction fees. Please note: We partner with Stripe and PayPal, industry-leading payment providers, to process donations. Stripe and PayPal charge a small transaction fee for each donation with a discounted rate for nonprofits. We give donors the option to cover the processing fee.
Stripe charges a fee to collect money from your credit card, which gets taken out from the donation before being passed along to us. Current Stripe fees for registered nonprofits are 2.2% + $.30 for MasterCard and Visa transactions, and a flat 3.5% for American Express.
That means for all gifts under $30, the nonprofit will get more if you use American Express and for all gifts above $30, they'll get more if you use a Visa or MasterCard.
Stripe charges a fee of 0.8% (with a cap of $5) for processing ACH direct deposit payments. Using ACH/Bank Account is by far the most effective, lowest cost payment option and will ensure that the nonprofit will get more of your money to use toward their service.