When implementing an online donations system in Ireland, understanding payment processor fees is key to maximising the impact of your fundraising efforts. While secure online giving solutions make it easy to collect donations, choosing the right payment processor ensures that more of the funds raised go directly to your cause.
Payment processors such as Stripe charge a small percentage fee per transaction to cover the cost of securely handling payments. Stripe offers discounted rates for registered charities, which can significantly reduce overheads. With Secure Giving, there are no additional transaction fees beyond those charged by the processor, meaning organisations retain more of their donations.
Transparent pricing is a cornerstone of secure online donations providers. Donors are more likely to contribute when they know their gift is going directly to the organisation rather than being consumed by high processing fees. Sharing this transparency with your donors can help build trust and increase contributions.
To further minimise costs, organisations can encourage larger donations through payment methods like bank transfers, which may have lower processing fees than credit card transactions. Secure Giving’s platform integrates seamlessly with Stripe, providing a cost-effective and reliable payment solution for non-profits and charities in Ireland.
By understanding and managing payment processor fees effectively, organisations can maximise the funds raised while maintaining donor trust and confidence.