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Stripe is an industry-leading payment processor trusted by over 100,000 companies and nonprofits, including Lyft, Shopify, UNICEF and NPR. A payment processor manages the financial transaction process by mediating between merchants and financial institutions.
E-Bless uses Stripe to process payments made through our platform, and all E-Bless members must have a fully authorized and connected Stripe account to use our technology. As Stripe does the actual money handling, not E-Bless, our giving platform will not function without it.
Stripe and E-Bless are not the same company. Much like an account with PayPal or Facebook, a Stripe account is independent of your account with E-Bless. By connecting your Stripe account to the E-Bless platform, however, you grant us permission to accept donations, deliver donor data, and transfer funds to you through your Stripe account.
Yes. Stripe is a PCI Level 1 compliant company, which means that its payment processing reaches the highest possible security standards. Learn more about Stripe's PCI compliance.
You should therefore not hesitate to provide them with your date of birth and social security number, both of which Stripe must ask for by law "as part of Stripe’s mandatory identity verification requirement" to activate your nonprofit's account. As described by Stripe: "Stripe must collect, verify, and maintain information on the individuals associated with every US Stripe account, as required by our regulators and financial partners. This is intended to promote transparency and prevent individuals from using complex company structures to hide terrorist financing, money laundering, tax evasion, and other financial crimes." Stripe does not use this information for any other purpose.
Stripe is an essential money-management tool. You should check your Stripe account (not E-Bless) first for the following operations:
IMPORTANT: If you have more than one Stripe account, it is vital that you log in with the Stripe account that will be associated with our E-Bless App technology.