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Has anyone clicked on the payment option where it says there is no fee to us? Customer is responsible for fee?
I still see a Intuit transaction fee on my bank feed?
You will pay fees to receive payments with QB Payments. If you are B2B, you can use a third-party processor to accept any payment method for free,
I appreciate your patience as we clarify your billing concerns, Westernpipellc. We aim for clear and transparent billing regarding your bank fees, and I’m here to clarify a few points.
The "no fee" applies exclusively to the new feature of QuickBooks ACH bank payments. If your customers choose to pay invoices via ACH bank transfer with the option Your customer pays the fee, you will not incur any costs. However, if they opt for credit cards or other payment methods, a convenience fee will apply to cover processing costs.
The Intuit transaction fee you see on your bank feed is associated with the payment processing methods. Intuit charges transaction fees based on the payment method your customers choose.
To avoid these charges in the future, encourage your customers to select the ACH payments, specifically the Your customer pays the fee option. You can also review your invoice settings to ensure that only preferred payment methods are enabled.
Here’s how:
I've included a screenshot for your reference:
For a more detailed and comprehensive overview of this feature, please refer to this article: Let your customers pay invoices by ACH bank payment with a convenience fee.
Furthermore, I'll share these valuable resources on managing your invoices in the program. These resource guides empower you with tips and best practices to streamline your invoicing process and enhance your overall experience.
Additionally, I encourage you to explore QuickBooks Live Expert Assisted to maximize your use of our software. This service connects you with QuickBooks-certified experts who can provide personalized guidance tailored to your needs, especially handling payments and transaction fees.
We believe in open communication about our fee structure to ensure you feel confident using our QuickBooks Payments. Revisit this forum for any bank fee inquiries or concerns you may have. My team and I are ready to provide any information you need to feel secure in your banking experience.
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