Connecting a Stripe Account
Stripe is a PCI Level 1 payment service provider offering highly competitive payment processing fees, and used by millions of businesses and charities worldwide. To accept donations for your non-profit organisation via Visufund, you just need to connect a standard Stripe account - we'll handle the rest.
Here are some key features of Stripe:
- It's free to create an account and receive payouts to your bank.
- Donations are received directly to your Stripe Account, less any payment or platform fees.
- Balances are automatically transferred to your bank according to your preferred payout schedule (daily is default).
- You can run additional transactional reports, such a payout reconciliation.
- Download invoices for payment fees.
- Connect to other platforms with the same Stripe account.
- Stripe offers discounted processing fees for qualifying non-profit organisations, which you may be eligible to apply for.
Creating a new Stripe Account
If your organisation does not have a Stripe account, it takes just a few minutes to create one at no cost:
- Login to your Visufund account.
- Navigate to Org Settings.
- In the Stripe Account section, click Create NEW Stripe Account.
- Follow the on-screen prompts to supply information to Stripe.
Using an existing Stripe Account
If your organisation has an active Standard Stripe account in good standing, the process is simply:
- Login to your Visufund account.
- Navigate to Org Settings
- In the Stripe Account section, click Use EXISTING Stripe account.
- Follow the on-screen prompts to log in and authorise your Stripe account for connection to Visufund. Please note: You must be the Stripe account owner or have an administrator role.
On successful completion of either option, you will be navigated back to the Visufund website, where you will see a message confirming connection success.
Please read our article on Managing Your Connected Stripe Account for more important information.