F.A.Q.

Credit Card Donations- Everything you need to know

  • 7 February 2019
  • 10 replies
  • 143107 views

Userlevel 4
  • Administrator
  • 2 replies

How do I enable credit card donations?
Go to “Donation Settings” and enter your personal information to get started. If you're a new streamer, we recommend starting with PayPal. If you are getting an error saying you need to have a verified account please refer to Streamlabs Account Verification.

Do I need to have a bank account to set up credit card donations?
Yes, you will need a bank account.

Is there a way to move money from the credit card option to Paypal?
No, this is not possible.

I need to change the country associated with my account, what should I do?
You will need to open a ticket to help you remove the wrongfully created account and let you create a new one.

What countries are supported?
The following are the supported countries. If your country is not in the list then you cannot use the Credit Card option.

 

  • Australia
  • Austria
  • Belgium
  • Canada
  • Denmark
  • Finland
  • France
  • Germany
  • Hong Kong
  • Ireland
  • Italy
  • Japan
  • Luxembourg
  • Netherlands
  • New Zealand
  • Norway
  • Portugal
  • Singapore
  • Spain
  • Sweden
  • Switzerland
  • United Kingdom
  • United States

My country is not on the list, what do I select?
If your country is not on the list then it means that country is not supported by the processor.
You will need to use one of the other payment options we have added.

What fees are applied to credit card donations?
The standard fee charged by the credit card processor is 2.9%+ .30 cents USD. This fee will vary by country of streamer and donor.
Any overpayment of fees from the viewer will be automatically added to the streamer’s account.
There is also a 2% currency exchange fee if your donor is donating with a different currency than what you stated in your bank account.

Can people chargeback credit card donations?
Yes, your donations can get charged-back through their credit card company.
If a chargeback occurs you can follow up with our support team for assistance.

What happens when I get a chargeback?
Streamlabs will be elected to contest your chargeback.
It is your responsibility, if requested, to provide necessary information in a timely matter.

What are the fees associated with chargebacks?
All fees from chargebacks are deducted from your pending balance by our card processor (from the main balance if there is no pending). When your account gets a chargeback, $15 and the original charge amount will be deducted from your account.
If we win the chargeback, $15 will be put back into your account.

Does Streamlabs take anything from credit card donations?
Streamlabs does not take any fee from credit card donations and never will. All fees come from the credit card processor.

 

 

 

Verification

Verification is handled directly by Stripe.com. Streamlabs only handles sending this info via API.
If your info is rejected it means Stripe's system has rejected it.

How old do I need to be to use this option?
You must be 18 years or older.

Why do I need to provide my Social Security Number?
Like your ID, this is needed for the payment processor to confirm your identity and to make sure there are no illegal transactions taking place.
If you are providing your information for the first time, it will only require the last 4 digits of your social security number.
If you failed the verification, the second and additional verification will ask for your full social security number.

Why do I need to upload my ID?
You will need to upload your ID in order to withdraw funds to your bank account.
This is information requested by the credit card processor for identity verification.

What type of IDs can I upload for verification?
You can upload a copy of your Driver's License or Passport. If your image is too blurry and cannot be read, it will be automatically declined by the payment processor. Make sure your image is clear so you do not have to go through the verification process multiple times.
Facebook photos, selfies, pictures of you and your friend(s), random pictures from the internet, fake IDs DO NOT count as legitimate images for verification.
ID's must be in color and it must contain an image of the entire ID.

Does Streamlabs save my personal information?
Streamlabs does not save any personal information that you enter or submit for credit card donations. The information is sent straight to the credit card processor and they hold and verify the information.

 

 

 

 

Withdrawal

Where can I see my credit card donations?
Go to your donation settings to view your pending and current balance.

What is available balance and pending balance?
Available balance is what you are able to withdraw to your bank account. Pending balance is money that is still processing. When you receive money it will remain pending for 2-3 business days. After those days are up it will move into your balance.

Why is there a pending balance on my account?
Pending balance is money that is still going through the process.
After 2-3 business days the money will move into your balance and you can withdraw it to your bank.

How often can I withdraw my funds?
You can withdraw your funds as often as you like as long as there is money in your available balance. There is a 0.5% fee for each withdrawal that you make under $2000. Anything over $2000 will have a flat fee of $10. If you make multiple withdrawals in a month, you will not be charged for more than $10 in withdrawal fees.

How long does it take to withdraw my money?
Withdrawals can take up to 3-5 business days.
If you have not received your withdrawal and 5 days have passed please tweet us or submit a ticket.

Are my donors able to see my personal information such as name and address?
No, your donors will not be able to see any personal information.
This is an example of what the charge will look like on their bank/credit card statement.

 

 

 

 

Screen_Shot_2016-05-26_at_2.06.46_PM.png

 


However, there is a rare chance that this would be showing your real name and your city.
If this does happen, this would be due to the bank forcing the information to be shown.
Unfortunately there wouldn't be anything we can do about this if that happens, sorry!

Can I reset my bank account?
Assuming you have not withdrawn the funds, you can request the bank account to be reset.
 > To request a bank account reset, submit a ticket.

 

 

 


This topic has been closed for comments

10 replies

"However, there is a rare chance that this would be showing your real name and your city.
If this does happen, this would be due to the bank forcing the information to be shown.
Unfortunately there wouldn't be anything we can do about this if that happens, sorry!"


Can you elaborate? My bank or theirs? If it's my bank, does it show up for everyone? If it's their bank, is it just that bank?

This is very worry some.
Userlevel 7
"However, there is a rare chance that this would be showing your real name and your city.If this does happen, this would be due to the bank forcing the information to be shown.Unfortunately there wouldn't be anything we can do about this if that happens, sorry!"

Can you elaborate? My bank or theirs? If it's my bank, does it show up for everyone? If it's their bank, is it just that bank?

This is very worry some.



Are my donors able to see my personal information such as name and address?

This would be your bank. It would show up for anyone that donates.
When trying to set up the first Withdrawal, Where it says "Bank Holder Name".. Do i put MY name? or the name of the BANK? Thank you
Userlevel 7
Hey Genuine,

That would be your name as it appears on your bank statement/ID.
I am affiliated on Twitch, stream m-f at the same time, and have for over a month... is there any time frame to being accepted... because my husband who streams sporadically is credit card verified but I, who streams consistently with consistent views, is not verified.
Userlevel 6
Hey there!

This is an automated process that we can not speed up. There is not set time frame either. The system will automatically verify you once you have met the requirements. 🙂
Cold we get some elaboration on the requirements I believe I meet the ones vaguely listed.
Userlevel 6
Hey @ColeMakesDealz Unfortunately we cannot disclose these informations.
I have a credit card that I put for donations a long time ago and I want to remove it since it's my old card but since I am not verified I can't even remove it. I don't want to add any other credit card I just want to remove the one that is on my account.
Userlevel 4
Hey @Gfro27

This should now be fixed for you 🙂