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wsp97030
Level 1

How to distinguish between card processing deposit and processing fee?

 
1 Comment 1
LeizylM
QuickBooks Team

How to distinguish between card processing deposit and processing fee?

Good to see you here, wsp97030. 

 

I'm here to share some information about the difference between card processing deposit and processing fee. 

 

Deposit speeds depend on the product you're using and the type of payment you've processed. To learn more about deposit speeds and when QuickBooks deposits customer payments into your bank account, you can refer to this article: Get paid faster with next-day deposits.

 

A credit card processing fee is a fee charged by payment processors to process a particular credit card transaction. The fee is typically charged to the merchant who uses the payment processing services.

 

To learn more how credit card processing fee works in QuickBooks, please check out these articles: 

 

 

Let me know if you have follow-up questions with this. I'll be right here anytime to back you up. Take care and have a nice day!

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