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Setting up stripe account
Setting up stripe account





  • For Stripe accounts outside of the US the fees may be different, both higher and lower depending on your location.
  • If you make your Stripe account after September 14, 2017, you will be charged Stripe's fee on refund, though your activist will see a full refund.
  • Or, you can use one Stripe account, but there will be no way for you to separate out the funds raised towards each different Action Network recipient.
  • Each recipient in Action Network will need its own Stripe account if you want to keep the funding streams separate.
  • Stripe is available in many countries and currencies (see here for a list).
  • Setup isn't quite as simple - you will need to provide Stripe with information such as your bank details during the setup process, it cannot be saved until later.
  • Refunds are free - when you refund a payment, WePay gives back its fee as well.
  • WePay makes it very easy to manage multiple recipients under one account and keep the streams of money separate (for example money donated to your 501c3 nonprofit and money donated to your sister 501c4 nonprofit), just like how in Action Network you can have multiple groups under your single Action Network account.
  • You must be US-based and have a federal Tax ID number to use WePay.
  • Note: You must enter bank details within 14 days, otherwise you won't be able to raise further money on your fundraising or ticketed event pages until you do.
  • You have 14 days to enter your bank details and start withdrawing your money, but you can start raising right away without filling in that information.
  • setting up stripe account setting up stripe account

  • Setup is super simple - all you need to give WePay immediately is a username and password for a new account.
  • There are some slight differences between the two, however. The transaction fee is 4.1% + C$.30 (For Stripe accounts outside of the US and Canada, the fees may be different, both higher and lower depending on your location.
  • For Canadian-based organizations, Stripe must be used as the payment processor.
  • For US-based organizations, both charge 3.9% + $0.30 for processing fees (see more about fees here), with no additional fees.
  • They both feature instant setup, so you can get started raising money right away.
  • Both payment processors are largely similar:

    setting up stripe account setting up stripe account

    You may choose either WePay or Stripe as the payment process for that recipient. WePay and Stripe are our payment processors - they handle the credit cards, store your money, and facilitate withdrawals to your bank account. The first time you add a new recipient to a fundraising or ticketed event page, you'll be asked to set up a WePay or Stripe account.







    Setting up stripe account