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.
Give Lively nonprofit members can add PayPal as an optional additional donation-processing method. At the present time, it can't be the sole payment processor, since it can only be used for one-time donations. Thus, PayPal will only process donations when the donors' selected payment method is PayPal. All other payment methods (credit/debit, ACH etc.) will be processed via Stripe. In the near future, we will be adding the option to process recurring monthly donations too.
PayPal charges fees of 2.2% + $0.30 per transaction. At this time, PayPal’s transaction fees can’t be covered by the donor. We plan to offer this feature in the near future.
International Card Fees:
Both Stripe and PayPal accept international credit cards. The transaction fees they charge are, however, a little higher than fees places on domestic cards.
At this time, the ability of donors to cover fees does not apply to international currency conversions, so there will be a slight difference between the donation sent and the total amount received by the nonprofit.