Gateway Fee Comparison

Kurt Hansen -

All our new clients are signing up on Stripe because of the lower monthly, transparent transaction fees, ease of signup, and potential for other payment options such as Apple Pay.

See below for a comparison of the gateway fees.

Stripe:

CharityWeb monthly: $20
CharityWeb per transaction: 1% for Donate/Register and 2% for PFP/Event-a-thon
Stripe gateway monthly: $0
Stripe merchant monthly: $0
Stripe per transaction: 2.2% plus 30 cents for MC/Visa/Discover and 3.5% for Amex

Monthly fees would be $20 plus transaction fees.

Vantiv (formerly Moneris):

CharityWeb monthly: $34
CharityWeb per transaction: 1% for Donate/Register and 2% for PFP/Event-a-thon
Vantiv gateway monthly: $0
Vantiv merchant account monthly fees: $15
Vantiv per transaction: You'll need to get a quote from them. Typically they beat your current rates. A good estimate is 3% plus 25 cents for MC/Visa/Discover and a higher rate for Amex but rates could be lower.

Monthly fees would be $49 plus transaction fees.

 

PayFlow Pro (CharityWeb no longer accepts new accounts on PayFlow Pro)

CharityWeb monthly: $34
CharityWeb per transaction: 1% for Donate/Register and 2% for PFP/Event-a-thon
PayFlow Pro gateway monthly: $25
Merchant account monthly minimum: $10 - $25 (estimate but this is typical. You may also have a statement fee.)
Merchant account per transaction: ??? (This can vary a lot. A good rule of thumb is 3% plus 25 cents per transaction for MC/Visa/Discover -- Amex is typically a bit higher. Your latest bill should tell you the costs)

Monthly fees will range from $69 to $84 plus transaction fees.

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