Do you accept credit card payments through Quickbooks? What are the fees and how do you get the funds? Thanks

Hi there, Leah.

Yes, you can accept credit card payments directly within QuickBooks by enabling QuickBooks Payments.

Customers can pay invoices online by clicking a payment link embedded within the invoice you send them. You can also process credit card payments through a mobile device or in person with a connected card reader.

The fees for using QuickBooks Payments depend on how the payment is processed and the type of payment method being used. Below are the standard transaction fees:

1. Invoice Payments (online payments through emailed invoices):
   • Credit Card: 2.9% + $0.25 per transaction
   • ACH Bank Transfers: Free (on some plans) or up to 1% per transaction (max $10 fee per transaction)
2. In-Person Payments (via card reader):
   • Credit Card (swiped, tapped, or dipped): 2.4% + $0.25 per transaction
3. Keyed-in Payments (manual entry or phone orders):
   • Credit Card (keyed manually): 3.4% + $0.25 per transaction

On the otherhand, here's how you'll receive the funds. When a customer pays you, the money will automatically be deposited into your bank account by default. You can utilize this article to know more about when QuickBooks deposits customer payments into your bank account: Find out when QuickBooks Payments deposits customer payments.

If you have additional questions or concerns, feel free to reach out to us.