If you're a current Classy customer and are interested in switching from your current payment processor to Classy Pay powered by Stripe, talk to your Classy Rep today to get started.
Talk to your Classy Rep to learn more about Classy Pay powered by Stripe.
Sign up for Classy Pay powered by Stripe in Classy Manager.
Once verified, enter your bank account details in Classy Manager to ensure prompt fund disbursement.
Classy supports the following payment processing solutions to accept donations and process payments online: Classy Pay, WePay, Authorize.net, and Braintree.
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|Payment Processor Fees||2.2% + $0.30 for Visa, Mastercard, and Discover|
+1% for American Express
|2.2% + $0.30 for Visa, Mastercard, and Discover|
+1% for American Express
+1% for International
|Specific to the merchant account||2.2% + $0.30 for Visa, Mastercard, and Discover|
+1.05% for American Express
+ 1% for International
|Other Costs (Non-Fees)||None||None||$49 Setup Fee|
$25 Monthly gateway fee
|Checkout with PayPal button available with a predetermined PayPal transaction fee|
|Merchant of Record||Your Nonprofit||Your Nonprofit||Your Nonprofit||Your Nonprofit|
|Frequency of Fund Deposits||Daily||Daily, weekly, or monthly||Real-time||2-3 Business Days for Visa, Mastercard, and Discover. 3-5 Business Days for American Express.|
|Classy Transaction Fees||Collected at the time of checkout||Collected at the time of checkout||Invoiced monthly||Invoiced monthly|
|Self-Service Donor Tools||Donors may update billing information through the Classy Supporter Profile||Donors may update billing information through the Classy Supporter Profile||Donors may update billing information through the Classy Supporter Profile||Donors may update billing information through the Classy Supporter Profile|
|Fraud Prevention||Stripe Radar fraud prevention and monitoring services included||Dedicated Trust & Safety Team that monitors all account activity||Fraud filters that must be adjusted within the merchant account||Fraud filters that must be adjusted within the merchant account|
|Setup Time Frame||Same day||Same day||3-5 business days||US: 2 weeks|
Canada: 3-6 weeks
|Chargebacks||$15 per chargeback||No chargeback fee||$25 per chargeback||$15 per chargeback|
Fill out this form to receive more information and get in touch with an expert.
The Classy Care team is standing by to help out with any questions relating to Classy Pay payments or disbursements. You can find answers to commonly asked questions in our support center, or click here to get in contact with the Care team. And as always, you can monitor the health of all Classy systems on our status page.
Absolutely. We encourage you to migrate your recurring donors over to Classy for two reasons: a) it keeps all your online giving in one place, and b) we’ve built the Classy platform with donor retention and engagement top of mind. Our Professional Services team will partner with you along every step of the migration. We provide a template of the fields required for the migration, work with you to correct any issues with the data, and facilitate the re-tokenization process. Finally, we provide metrics on how those recurring donations are processing for the two weeks following the migrations.
Any US-based 501c3 organization with a Classy Pro Lite, Pro, or Enterprise plan can use Classy Pay to process payments online.
Our introductory rate for Classy Pay (good through January 31, 2020) is 2.2% + $0.30 per transaction for Visa, Discover, and Mastercard transactions. For American Express transactions, the fees are 3.1% + $0.30. There are no setup costs, maintenance costs, or support fees for Classy Pay.
Secure our introductory processing rate when you sign up with Classy Pay by January 31, 2020.
Additional charges may apply, including platform subscription and transaction fees.
Stripe Radar automatically detects and blocks fraudulent payments using the power of machine learning to evaluate each payment’s risk level in real time by tapping into data from Stripe’s global network of millions of businesses.
When a business using Stripe sees a new card for the first time, there's an 89% chance that Stripe Radar has previously seen the card elsewhere on the Stripe network. This data all feeds into our fraud modeling, along with card blacklists from Stripe’s financial partners.
Adding these additional signals to identify fraud helps businesses reduce fraud by up to an additional 25% over other fraud prevention methods.