GiveNow has always been very cost effective. We have done everything in our power to keep the fees as low as possible to ensure as much of your donation can reach your chosen cause.
We don't charge a set-up or ongoing fee to organisations. There are NO other fees incurred by organisations using GiveNow outside the fee that occurs when a donation is made.
The fees paid on a donation are:
- The platform fee: This fee is the only fee GiveNow receives for its services. If a donor opts to pay the "Cover Fee" in the transaction process, the organisation does not pay this fee.
- The transaction fee: This is the cost GiveNow incurs for payment processing of your credit card. There is no mark-up applied to the incredibly low wholesale price that we are charged. The organisation pays this small fee. (Note, we do not use an expensive third party payment services such as Stripe, PayPal or Braintree.)
For example: This means that if you make a $100 donation to a tax deductible organisation with an Australian Visa or MasterCard and choose to cover the platform fee, the organisation receives $99.74. (See here for fee table.)
By paying the cover fee, donors play a critical role in ensuring the maximum amount of a donation is received by the organisation.
With other platforms and payment gateways organisations will typically be losing between 3% - 10% once the commission, opt-in fee and third party payment provider transaction fees have been included.