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truehomes9
Level 1

Are ACH transactions free?

I was under the impression that ACH transfers were free. I just noticed I was charged $5.00 on an ACH transfer.

1 Comment 1
NicoleAscencionS
QuickBooks Team

Are ACH transactions free?

When using QuickBooks Payments to process transactions, there are associated fees, truehomes9.

 

The fee varies based on the type of transaction. However, all ACH payments are charged at 1% per transaction.

 

For more information about transaction fees, please visit this website: Payment rates.

 

Additionally, to learn more about funding times for QuickBooks Payments, you can explore this article: Find out when QuickBooks Payments deposits customer payments.

 

If there's anything else you require additional assistance with managing customer payments and processing fees, feel free to let me know in the comments below.

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