After you set up your Stripe account you can reduce the Stripe fee by informing Stripe of your charitable status. Currently this will reduce the Stripe fee from 1.5% + 20p to 1.3% +20p per transaction. (UK fees)
To do this please email Stripe at nonprofit@stripe.com
Please email them from the email account associated with the Stripe account. The fee will be applied to all users of the Stripe account (i.e. if you have separate logins, which you should).
Suggested text
I understand that by contacting you our Stripe account can be subjected to lower fees, as the organisation is a charity/non-profit.
Charity Name: XXXXXX
The UK registered charity number is XXXXXX
Stripe account name XXXX
Stripe account owner email XXXX
Please confirm.
Thank you very much,
Your name
Your role
Stripe say they process discounted pricing requests for accounts on a weekly basis, so once you send in the necessary information, they should update your fees within about a week. The new fee will be applied to any tickets sold subsequently.
If you need to supply the charity registration certificate here is how to get a copy.
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