GalaBid is powered by Stripe, one of the world's most trusted payment gateways. Every payment your supporters make goes directly into your own Stripe account — not held by GalaBid, not delayed, not filtered through a third party. You choose your payout schedule, you see every transaction in real time, and you stay in control from the first bid to the final transfer.
A recent case involving delayed donation transfers revealed how some fundraising platforms manage campaign funds and why nonprofits should pay close attention to payment processing models.
Stripe is easy to set up and no technical know-how is required. It can be done from within the GalaBid dashboard, usually within ten minutes.
Individuals, Non Profits and Companies can all set up Stripe accounts. Set the account up yourself or simply add an additional Admin on the GalaBid dashboard to complete set up.
Payment for campaign participants is seamless. They simply choose to pay with a credit or debit card or Apple or Google Pay.
Stripe is extremely secure. It includes built-in fraud prevention tools, secure data storage. It complies with the latest industry standards including PCI DSS. Stripe also includes a range of tools to help protect your organization’s and your customers' data.
GalaBid does not mark up Stripe fees. The only transaction fees are the fees charged directly by Stripe.
Stripe fees are competitive. For pricing in your region see stripe.com/pricing.
Linking your own Stripe account to your GalaBid campaign (instead of a supplier’s sub-account) gives you control over your payout schedule. Set payouts to daily, weekly or any time frame you prefer. You have full control via Stripe’s dashboard.
Choose to add Stripe fees (or any fee) to participants’ invoices. Make the fees optional or mandatory.
GalaBid makes online payments simple by providing your supporters with the option to pay via a secure link sent to their mobile or desktop device.
Whether they’re paying for online silent auction prizes, raffle tickets or making a direct online donations, the payment process is straightforward and quick.
All funds are processed through a payment gateway called Stripe. Stripe integrates seamlessly with the GalaBid online fundraising platform to ensure a smooth payment experience.
GalaBid enables you to include Stripe fees within bids and purchase prices as either a mandatory or optional fee. Or you can absorb the cost.