Katipult is dedicated to helping charities and non-profits raise funds, execute projects, and build followings. To make sure we can effectively run our business, Katipult charges transaction fees on donations of f 2.7% plus $1.89, in addition to PayPal’s credit card processing fees. If you have any questions, please email email@example.com and we’ll get back to you promptly.
Donations are processed and Transaction Fees are deducted by PayPal. The Transaction Fees cover Katipult’s costs associated with: (i) developing, maintaining and hosting the site; (ii) employing industry professionals to provide fundraising expertise and to vet project applications; (iii) providing a secure donation system through PayPal; and (iv) all the other business expenses, such as legal fees and insurance. Our goal is to provide a interactive, social, and effective platform for you to raise funds and leverage your network to attract supporters. Using Katipult is an efficient way to raise more money. Our pricing model allows organizations to use Katipult at no cost.
What information does a project organizer receive from its donors?
When you donate to a project, the project organizer will see your name and the amount you have donated. From the standpoint of those donating, your user profile will display the organizations you support, unless you donate anonymously.
As a project donor, can I adjust my donation amount or rescind my donation entirely for a project?
After you’ve completed a donation, you cannot change your donation amount or receive a refund. Your funds get immediately wired to the organization running the project so they can get to work with campaign funds right away. There is no way to reverse your donation after it has been made.
How do financial transactions on Katipult work exactly?
In order to ensure secure and timely financial transactions, PayPal processes all of the donations on Katipult (therefore, project organizers are required to set up an account with Paypal before they launch their first project). When you decide to make a donation to a project, you will be taken to a secure PayPal page to confirm payment and finalize the transaction. If you have an existing account on PayPal, you can finish the payment process in a few clicks. If you don’t have an existing account on PayPal, you can register during the donation process quickly and easily.
How do organizations receive their money?
Project organizers are required to set up an account with PayPal before they launch their first project. When a donation is made, the money is immediately transferred to the organizations account and they can put it to good use right away.