Yes, there is a transaction fee associated with donations made through Givelify.
Givelify operates with a clear pricing model designed to provide transparency for organizations. Rather than complex contracts or recurring subscriptions, fees are applied directly to individual donations as transaction fees. These fees are deducted from the donation amount before the funds are disbursed to the receiving organization.
Understanding Givelify's Transaction Fee Structure
Givelify charges a small fee per donation, which covers the processing of payments. This ensures that organizations can utilize the platform without worrying about upfront costs or hidden charges. The fee structure is straightforward and applies to common payment methods.
Donation Transaction Fees
The following table details the specific transaction fee applied per donation:
| Payment Method | Transaction Fee (Per Donation) |
|---|---|
| Visa, Mastercard, Discover | 2.9% + $0.30 |
This fee is automatically deducted from each donation processed through the platform. This means that the organization receives the net amount after the fee has been applied, simplifying their financial reconciliation.
Key Aspects of Givelify Fees:
- Per-Donation Basis: Fees are applied individually to each transaction, not as a monthly or annual subscription.
- No Contracts: Organizations using Givelify are not bound by contracts.
- Deducted Before Disbursement: The fee is subtracted from the donation before the funds reach the organization. This allows organizations to receive a net amount directly.
