How do payments work on GiveWheel
Donations received (single, recurring and fundraisings) are aggregated after Stripe (our payment processing partner) fees have been deducted (1.4% + 20p per customer transaction). No platform fees are taken by GiveWheel.
To receive payouts, please click the 'Connect with Stripe' button. You will then be prompted to create an account.
On the 1st day of each month, all unpaid balances will be transfered to your Stripe Account. If your Stripe balance is over Â£100, this will automatically be paid into your linked bank account.
You can also choose an instant payout. Please note, instant payouts are subject to a 1% + Â£2 Stripe fee.
It's a pleasure to be part of your fundraising journey!