Best for
Non-profit organizations.
Specializes in
Provided an all-encompassing platform for nonprofits to organize their business necessities. In addition to providing a donations payment processor, Givsum streamlines many of the daily aspects necessary to successfully operate.
Pricing Summary
Setup Fee: None
Monthly Fee: $0 to $199
Swipe Rate: 5% + $0.30
Keyed-in Rate: 5% + $0.30
Early Termination Fee : None
Contract Terms:
Givsum is located in Newport Beach, CA.
The company was founded in 2013.
The website lists Shawn Wehan as the president.
Givsum was founded in 2013 to offer non-profit organizations a credit card processing company to help with their donations. Since that time they have expanded into a platform offering more than just payment processing.
They now offer an all-encompassing support company that works exclusively to streamline the day-to-day business side of non-profit organizations.
Now they offer ways to coordinate events, work with volunteers, send information, and utilize analytics to increase productivity.
The lack of negative reviews puts Givsum in a very positive light.
Head Quarters
Costa Mesa, California
Year Founded
2013
CEO
Shawn Wehan
Employees
20
Merchant Provider Risk Tolerance
Hardware and Software
Givsum utilizes software that integrates with a non-profit company’s website to allow them to accept credit card donations. They utilize an embedded gateway or widget that accepts the credit card payments just like any other online payment processor.
The widget opens a pop-up payment menu that allows a donor to submit funds without ever having to leave the page.
Embedded payment options are either located on the main page or shifted to a separate donation page that streamlines giving and makes it an ultra-easy option.
Value-Added Services
They offer anonymous giving ability to enhance the privacy of donors who wish to support non-profit organizations without any unwanted attention.
These same widgets can also be set for recurring payments. This can be especially helpful for someone who wants to send a monthly donation without having to worry about writing a fresh check each month.
Lastly, they offer a comment and tribute section for donations. While this does not directly impact the amount or streamline payment in any way, it allows donors to offer funding in a manner that speaks to or for a third party.
Supported Payment Types and Services
Givsum utilizes Stripe and operates as an internet gateway or card not present sale and requires number, expiration, and a CCV OR CVV to process the card.
As a subsidiary of Stripe, Givsum accepts:
Visa
Mastercard
Discover
American Express
Debit
JCB
Maestro
Apple Pay
Google Pay
Link
They also accept many foreign credit cards if the non-profit organization operates on a global scale.
Discloses All Important Terms
Yes
Public Pricing Available
Yes
Givesum has three pricing tiers available on their website.
Starter:
No sign-up fee
No subscription fee
5% + $0.30 transaction fee that is paid by the donating party
Limited platform tools and support
Standard:
No sign-up fee
$50/month with no cancelation fees or $500/year paid upfront
5% + $0.30 transaction fee that is paid by the donating party
Full access to platform tools and extra support
Enterprise:
No sign-up fee
Subscription fees and transaction fees are variable based on volume
Customizable platform-tools
Volume discounts
There are no further fees mentioned in the literature and no complaints mentioning hidden fees. This points to the company being completely transparent with the fees.
Pricing Model
Interchange Plus
Swiped Rate
5% + $0.30
Keyed-in Rate
5% + $0.30
Mobile Payment Rate
Virtual Terminal Rate
5% + $0.30
Monthly Fee
$0 to $199
Payment Gateway Fee
None
Batch Fee
None
Early Termination Fee
None
PCI Compliance Fee
None
Equipment Lease Terms
None
Address Verification Service (AVS)
Application Fee
Account Setup Fee
None
Gateway Setup Fee
None
Annual Fee
Monthly Minimum
$0
Statement Fee
According to the company website, contracts are month to month. There is a $100 discount for signing up for a full year on their standard plan. Also, there may be further discounts available at the Enterprise level, but longer contracts may be required. To access this information a potential client would need to start the process.
There are mentions of a Pro-Plan found online that states $199/month or $2,150 for the year upfront. This appears to be dated, but the Enterprise level account could offer something similar.
Contract Length
Month-to-month
Early Termination Fee
None
There is no clear indication of what the setup time will be. However, since Givsum uses Stripe, setup can happen as fast as a customer can embed the link or widget into their website. According to the Stripe website, accounts can be up and running instantaneously.
From the information available on the company website, it looks like tech and customer support are addressed through phone or email. However, depending on the level of the customer account, chat support may also be an option.
BBB Rating
There is no Better Business Bureau profile or rating at this time.
Other Online Reviews
There are no public complaints or positive comments outside of the company website. There are several on their About Us page, as well as a list of prominent non-profits who use Givsum.
There are several other reviews available online. All of them paint Givsum in a very positive light. There are no negative reviews. All give A+ or five-star ratings.
BBB
Does not have BBB profile.
No Reviews
No Reviews
Yelp
N/A
Total Online Reviews
Total Online Complaints
Lawsuits
None
If you're in the market for a merchant account provider, be sure to check out our user reviews, our merchant accounts guide and our top popular merchant provider picks