A processing fee is the amount it costs to process or facilitate a gift. The players involved include the issuing bank, the networks, the processor, and the giving platform. The majority fee is the amount charged by the bank that issued the card. Giving providers like Faithlife have no control over those fee amounts. The smaller processor and platform fees pay for the digital transaction costs.
Faithlife Giving offers two pricing models to give your church maximum flexibility and sustainability over time. We’ve structured our two options so it’s easy to decide between them: look at your church’s total monthly gifts.
- Standard Plan: If you process less than $7,500 in credit card gifts each month, choose the standard plan with no monthly subscription fee. There’s a higher processing fee, but you don’t pay for gifts you don’t process. And whenever givers cover the fees associated with their gift, the entire online giving process costs your church nothing.
- Premium Plan: If you process more than $7,500 in credit card gifts, choosing the premium plan will save you more money over time, as there are lower transaction rates per gift. Once again, givers can choose to cover their processing fees.
Both plans have access to all our giving features, which means you get the full giving experience with either plan. We want all ministries that use our platform to grow, and we want to grow alongside them. Learn more about plans and pricing.
Note: If you enable givers to pay the processing fees associated with their gifts, they can choose to cover them when they give. Some 72% of donors do when given the option!