Getting started & payouts
Registering, what WhyDonate costs, which countries we serve, and when your donations are paid out.
11 articles
Bank account and identity verification at StripeMany readers Stripe has to verify your identity and bank account before it may pay out donations, and it usually completes this within a few hours.Do I have to pay taxes on the donations received?Many readers In most cases donations are received tax-free, but whether tax is due depends on the amount and your relationship with the donor, so check with your own tax authority.Does WhyDonate operate in my country?Many readers Fundraisers can be started from 113 countries, and donations can be made from anywhere in the world.How do I register?Many readers Register your cause on WhyDonate and, once you have completed the steps, your fundraising page goes live and can receive donations right away.How does WhyDonate charge fees on recurring donations?Some readers The donor tip is collected once, on the first payment of a recurring donation, and WhyDonate applies a 3% platform commission on every payment after that.What are the high-risk countries WhyDonate doesn't allow starting a fundraiser from?Few readers WhyDonate does not accept fundraisers started from, or collecting for, Cuba, North Korea, Syria, Iran, Russia or the Crimea, Donetsk and Luhansk regions of Ukraine.What currency does WhyDonate accept? Can I edit the currency in my fundraiser?Few readers WhyDonate supports 119 currencies, and a fundraiser's currency is fixed once the fundraiser has been created — you cannot change it afterwards.What does it cost to use WhyDonate?Many readers No sign-up fee, no monthly cost and no platform fee on one-time donations: each donation pays a processing fee, and recurring payments after the first carry a 3% commission.What is the minimum amount that can be paid out?Some readers There is a minimum per payout and it depends on the country your account is registered in — 1 euro in most of Western Europe, 20 in the Nordics.What kind of fundraisers are allowed?Many readers Any fundraiser with a social character is allowed as long as it does not break the law or general norms and values, and no registration or charity status is required.When will the donations be paid out?Many readers In most countries a donation clears and is paid out within 3 business days, plus 0-2 business days for your own bank to credit the money.
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