What are the various Payment gateway charges?
For India, the supported payment gateways are Razorpay and PayUMoney in India. Please note that standard Payment Gateway charges on transactions will be applicable.
Razorpay levies a 3.75% payment gateway charge and has a 7-day disbursement policy which is easy and flexible. Beneficiary name, email id, contact number, and bank details needs to be added.
PayU Money charges 3.99% as gateway charge and disbursement happens 45 days after the campaign has ended.
Campaigns accepting foreign funding:
If a campaign has to raise foreign funding and is being created either by a non-profit or a foundation, then a scanned copy of FCRA certificate is needed for verification as per Reserve Bank of India norms
If funds are being raised as an individual or organisation, then you have to coordinate with your bank for accepting foreign funds.
Once foreign funds come to Crowdera's account, it is transferred to beneficiary account after 120 days of last contribution received. The minimum amount for a disbursement should be $500
7%payment gateway charge and a $45 wire fee will be applicable on each disbursement
Campaigns in "Always On" mode:
Disbursement process will be initiated from our end after 120 days from the date of last contribution received, in order to match our charge-back policy and minimum disbursement will be $500.
You have the choice of using Wepay, Stripe or PayPal as your payment gateway. Please note that the payment gateway fees depend on the type of account you have with the gateway. Please refer our pricing page
We recommend using Wepay as a payment gateway for USA, UK and Canada.
You have the choice of using Stripe, WePay or PayPal as your payment gateway. Please note that the payment gateway fees depend on the type of account you have with the gateway. Please refer our pricing page
We recommend using Stripe as the payment gateway.
Our fantastic customer support team is always there to support you. Feel free to chat with us or email us at email@example.com for your query resolution.
Updated on: 08/22/2019