How is Stripe compensated for each donation that I make?

(Update) We’re happy to inform donors that as of of 21 April, the Stripe fee has been lower to around 2%. We will continue to work hard to lower this fee so that we can channel our resources in helping more beneficiaries.

As always, 100% of your donations go to beneficiaries & campaigns. We will continue to cover this fee if you choose to opt out at the checkout page.

(Before 21 April) Stripe charges Ray of Hope around 2.35% per transaction/donation that comes through our platform.

Ray of Hope covers this fee so that 100% of your donations go to the beneficiaries. We are the only crowdfunding platform in Singapore that goes the extra mile to cover this fee.

You can choose to help us by covering this fee (opt out) at checkout. If you do not, we will still cover this fee so that all of your donations goes to our beneficiaries.

For example, if you are donating $100 to a beneficiary, the stripe fee will be around $2.35. During the checkout process, if you decided to opt out, Ray of Hope will cover the $2.35 to make sure that the beneficiary still gets $100, instead of $97.65.