Setup a Stripe Payment Processing Merchant Account
At Chance2Win, we want to help guide you through setting up your own payment processing. While we are the only online raffle solutions that supports Square, Authorize.net and Stripe for fundraising, Stripe is particularly special. It’s the only processor that works with our Zero Fee Option, where your supporters can cover the small service charge at checkout. Plus, Stripe offers great discounts for nonprofits!
We often hear from organizations asking about Stripe setup, so we’ve created this simple guide to help you through the process.
Remember, you’ll need to set up your own Stripe account directly with Stripe (we can’t do this for you). First, create a regular Stripe account, choose “nonprofit organization” during setup, then email nonprofit@stripe.com with your documents to get verified and receive special nonprofit rates.
Required Information and Documents
Before you begin, please gather these important items:
Step-by-Step Setup Guide
Follow these 10 quick steps inside Chance2Win to launch a compliant, high-converting basket raffle.
Create a Stripe Account: Go to and click “Start now”. Enter your email and make a password.
Stripe’s website
Share Organization Details: Make sure to pick “nonprofit organization” as your type of business. Fill in all your legal information, including your EIN.
Confirm Everything: Click the link in Stripe’s email to verify your address and set up extra security with two-step verification.
Get Your Nonprofit Discount: Send an email to 5. nonprofit@stripe.com with your nonprofit documents to request the special rate.
Good news! Qualified nonprofits get special rates. These were the rates when we last checked in Dec 2025, but Stripe might change them anytime. Remember, Chance2Win doesn’t set these rates – we just connect your Stripe account to our platform for your fundraising needs.
- Regular Stripe rate: about 2.9% + $0.30 per transaction
- Special nonprofit rate: about 2.2% + $0.30 for most cards. American Express cards cost a bit more at 3.5%
You’re Ready — Launch Your Online Raffle With Chance2Win
Now that your Stripe account is fully set up and your nonprofit is verified, you’re officially ready for the fun part — launching your online raffle. With Stripe connected, Chance2Win can securely process every ticket sale, and Stripe will deposit funds directly into your bank account, and (if you choose) even activate our Zero-Fee Option so your organization keeps 100% of every dollar raised.
Whether you’re planning a Basket Raffle, 50/50, Queen of Hearts, Duck Race, or a full online auction, your new Stripe account works seamlessly with our platform. That means:
Fast, secure payment processing
Automatic ticket delivery & donation receipts
Real-time reporting and instant payouts
You’ve completed the hardest step — getting Stripe approved.
Now let’s put it to work.
Use your new Stripe account to launch a free online raffle today with Chance2Win.
It takes just minutes to set up, and you can start raising money immediately.