• What does it cost to use WhyDonate?

  WhyDonate is free and charges 0% platform fees, no sign-up fees and no monthly costs. WhyDonate is, therefore, the most affordable donation platform. WhyDonate's payment provider charges a fee for payment processing. These costs are passed on to the recipient of the donations and are as follows: 1.9% + € 0.25 per donation. These are the average costs for payment processing of all available payment methods. To continue to offer the WhyDonate platform for free, the donor is asked for a voluntPopular

• When will the donations be paid out?

  It takes 7 days before the donations get cleared for payout. Within your WhyDonate account, you can choose whether donations are paid out weekly, monthly or directly by clicking the 'payout now' button in your balance. The payouts are done by our payment service provider Stripe. Depending on your bank, it may take up to 2 business days longer for the money to arrive.Popular

• Does WhyDonate operate in my country?

  With WhyDonate, you accept donations from all over the world, with a wide range of national and international payment methods. Donations are always paid out in Euros. SEPA IBAN Bank account To receive donations, you need to have a Euro IBAN (bank account). This IBAN must be registered in one of the SEPA (Single Euro Payments Area) countries. The SEPA countries are: Åland Islands, Austria, Azores, Belgium, Bulgaria, Canary Islands, Croatia, Cyprus, Czech Republic, Denmark, Estonia, FinlanPopular

• Do I have to pay taxes on the donations received?

  In most cases, receiving donations is tax-free, but there are cases you have to pay taxes on the donations received. The amount and the relationship with the donor are matters that determine whether you should pay tax on your donation or not. Every country has different tax laws. So contact the tax authorities of your country to have more clarity. According to Dutch Tax Rules - If you receive multiple donations in 1 year, then you do not have to add these donations together if you receive themPopular

• How do I register?

  On WhyDonate, it is easy to register a cause and receive donations. It does not matter whether it is a private or organisational goal. You start by registering your cause on WhyDonate. After completing all the steps, your fundraising page will appear directly on WhyDonate, and you can receive donations. Click on the link below to add your goal.Some readers

• What kind of fundraisers are allowed?

  Individuals and organizations can register on WhyDonate. It is not mandatory to have an ANBI registration, a CBF seal of approval or a Chamber of Commerce registration. The WhyDonate platform shows which person or organization is organizing the fundraiser for each cause. WhyDonate supports fundraisers, which have a social character, do not violate the law or general norms and values. It is not permitted to use offensive or sexually oriented content, obscene content, illegal or legally unauthorFew readers

• Bank Account & Identity Verification At Stripe

  Why do I need to register with Stripe? Stripe takes care of incoming payments (donations) and pay them out to you. To get the donations paid out, you need to verify some data. You do this from your WhyDonate account. Stripe is supervised and licensed to offer payment services. From legislation, it has an obligation to register and verify the recipients of funds. Without successful verification, Stripe may not make disbursements. What is required for this verification? To verify yourFew readers

• What currency does WhyDonate accept? Can I edit the currency in my fundraiser?

  On WhyDonate, donations can be made in any currency. Additionally, donors can choose from 27 standard currencies during the donation process. Fundraising campaigns can also be created in 27 different currencies. Once a fundraising campaign is created, the currency cannot be changed. However, it is possible to create multiple fundraising campaigns with different currencies. The following are the 27 supported currencies:Few readers