Stripe Discount for Domestic Clubs
The Wharton Global Clubs team has secured a special nonprofit rate with the payment processor Stripe for our clubs registered as 501(c) nonprofit organizations, including 501(c)3 and 501(c)7.
If your club is registered as a 501(c) organization of any kind in the United States, the discount is 2.2% + 30 cents per transaction / flat 3.5% rate per American Express transaction. This is compared to the standard rate of 2.9% + 30 cents per transaction.
Additionally, for the first year that your club is established as a nonprofit with Stripe, they will waive fees for $15,000 worth of transactions processed.
Please note, these offers will only apply once your club is registered officially as a nonprofit – fees cannot be retroactively refunded.
If you are interested in taking advantage of this discount, please send your staff liaison the e-mail address associated with your Stripe account. We will then work with Stripe to verify your club’s tax status and move forward with applying the discount.
If you have any questions, please feel free to reach out to our team at email@example.com!