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receive ACH payment fees

I would like to set up in QBO for our nonprofit to receive monthly recurring tuition payments. I'm getting conflicting info on the fees. A Jan 2019 article (https://fitsmallbusiness.com/how-to-accept-recurring-payments/ - jpg attached) shows Free for ACH but when I go to Account Settings > Payments  the fee shows 1% ($10 max) for Bank Transfer.

Has the fee increased since January or am I not finding the correct info in QB?

Solved
Best answer 08-20-2019

Best Answers
Anonymous
Not applicable

Re: receive ACH payment fees

It's great to have you back in the Community, @annstephens.

 

There are several terms of payment schemes when using QuickBooks Payments. I'd like to help route you to our Merchant Services Teams to identify how you will be charged with the ACH payment and what possible scheme you can have for your account.

 

You can get their contact information through this link: QuickBooks Online Payments.

 

You can also refer to this blog for more information about eChecks: Process ACH bank transfers right in QuickBooks.

 

Let me know if you have other questions about ACH payments. I'll be here to help however I can.

View solution in original post

1 Comment
Anonymous
Not applicable

Re: receive ACH payment fees

It's great to have you back in the Community, @annstephens.

 

There are several terms of payment schemes when using QuickBooks Payments. I'd like to help route you to our Merchant Services Teams to identify how you will be charged with the ACH payment and what possible scheme you can have for your account.

 

You can get their contact information through this link: QuickBooks Online Payments.

 

You can also refer to this blog for more information about eChecks: Process ACH bank transfers right in QuickBooks.

 

Let me know if you have other questions about ACH payments. I'll be here to help however I can.

View solution in original post

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