Quickbooks invoice payment fees full#
Quickbooks invoice payment fees plus#

Quickbooks uses a flat rate pricing structure, making it easy to understand. If you key in transactions or submit card not present (CNP) transactions (like electronic invoicing) then you’ll pay a higher percentage. The types of transactions you process: Because Intuit uses flat rate pricing, different types of transactions have different rates.Your processing volume: You get discounts the more you process.How often you want to pay your fees (“pay as you go” and “pay monthly”).The Quickbooks version you use (online, desktop, ecommerce or gopayments).The length of time customers have used their services: Intuit has changed it’s merchant agreements through the years so you will want to look at the pricing schedule that corresponds with the year you signed up for your account.Quickbooks Payments prioritizes customer rates based on a few different factors:

Quickbooks invoice payment fees plus#

* You can learn more about how interchange plus pricing (the most transparent) and tiered or flat rate pricing (the pricing structure Quickbooks uses) works on our blog.Īt the time this article was written, Quickbooks processing costs ranged from 2.5%-4% with a flat fee per transaction from $0.25-0.30. The fees paid to the payment processor vary by provider and should be evaluated often for chances to save money! Focus on these when you’re evaluating your statement! The first two fees (to the bank and network) are relatively fixed. These fees are paid out to the bank that issued the credit card, the credit card payment network, and the payment processor.

Merchants who would like to accept credit cards have to pay a variety of fees including interchange fees, assessment fees and processing fees. Look at what you’re currently paying and compare it to other options! All processors should issue a monthly statement where you can go through each fee and check for places to save money.

Quickbooks invoice payment fees full#

Understanding complex pricing structures doesn’t always require a full deep dive into processing terms and definitions. To evaluate whether you are overpaying for your processing fee, you must first understand the pricing structures of various processors.