On the Impact Starter plan, merchants will be invoiced for donations either every 30 days or once they reach $50 in donations— whichever comes first. For invoicing preferences, merchants have two options for their invoice payments (*our payment process is done through Stripe):
- ACH bank transfer
- Credit card
If a merchant chooses to pay their invoice by an ACH bank transfer, Stripe will ask for micro-deposit verification. When using an ACH for your payment preference, there will be no associated processing fee, unless your overall invoice total is less than the $1 threshold, in which case you will be charged an ACH processing fee to meet that $1 threshold.
If a merchant chooses to pay with a credit card, a credit card processing fee of 2.9% + 30¢ will be added to the overall invoice total. The credit card processing fee is based on the invoice total and not on an individual transaction.
If you have any questions about payment processing, contact firstname.lastname@example.org.