Jessica Bolen writes:
Collecting payments online is one of the biggest challenges that nonprofits face. To get donations, you need a payment processor that’s easy to set up. As a nonprofit, you also need an option that doesn’t charge too much in fees.
Both Stripe and PayPal are fantastic options for collecting payments. However, choosing between the two can be difficult.
If you’re running a nonprofit, some payment processors may charge you preferential rates. This means you’ll pay less in fees than if you use Stripe or PayPal to sell products or services online. Understanding the fee structure that both payment processors use is critical to choosing the right option for your nonprofit.
In this article, we’ll compare Stripe vs PayPal for nonprofits. We’ll discuss the pros and cons of each option. Plus, we’ll talk about how to set up the right payment gateway for your organization. Let’s get to it!
PayPal for nonprofits: What you need to know.