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willvilla
Level 1

How much is the fee for payment links?

 
Solved
Best answer December 05, 2022

Best Answers
JaeAnnC
QuickBooks Team

How much is the fee for payment links?

Good day, @willvilla.

 

I'm here to share with you the overview of fees and plans for QuickBooks Payments. This way, it'll be easier for you to process credit cards and track payments.

 

Fees will be determined depending on how you process the payments. Please refer to these rates:

 

  • ACH bank transfer: 1% (Max $10).
  • Credit card - swiped: 2.4% + 25 ¢.
  • Credit card - online invoice: 2.9% + 25 ¢.
  • Credit card - keyed: 3.4% + 25 ¢.

 

Please note that fees are subject to change. That said, I suggest visiting the QuickBooks Payments website for the most updated info. Click the See how our rates stack up for additional information about the setup fees.

 

Additionally, here's an article you can refer to if you want to learn how to accept electronic payments for invoices and in-person sales with QuickBooks Payments: Take and process payments in QuickBooks Online with QuickBooks Payments.

 

Feel free to reply to this post if you have additional questions about QuickBooks Payments. We're always available to assist you. Have a great day, Will!

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4 Comments 4
Fiat Lux - ASIA
Level 15

How much is the fee for payment links?

For your reference

https:// quickbooks.intuit.com/learn-support/en-us/help-article/bank-transactions/fees-quickbooks-payments/L44fPs1Mv_US_en_US?uid=lbauv17k

 

If you are running a B2B company, you can also utilize a 3rd party processor for free.

JaeAnnC
QuickBooks Team

How much is the fee for payment links?

Good day, @willvilla.

 

I'm here to share with you the overview of fees and plans for QuickBooks Payments. This way, it'll be easier for you to process credit cards and track payments.

 

Fees will be determined depending on how you process the payments. Please refer to these rates:

 

  • ACH bank transfer: 1% (Max $10).
  • Credit card - swiped: 2.4% + 25 ¢.
  • Credit card - online invoice: 2.9% + 25 ¢.
  • Credit card - keyed: 3.4% + 25 ¢.

 

Please note that fees are subject to change. That said, I suggest visiting the QuickBooks Payments website for the most updated info. Click the See how our rates stack up for additional information about the setup fees.

 

Additionally, here's an article you can refer to if you want to learn how to accept electronic payments for invoices and in-person sales with QuickBooks Payments: Take and process payments in QuickBooks Online with QuickBooks Payments.

 

Feel free to reply to this post if you have additional questions about QuickBooks Payments. We're always available to assist you. Have a great day, Will!

Dseeman
Level 1

How much is the fee for payment links?

Is there a cost to the contractor to receive their payments via direct deposit?

Nicole_N
QuickBooks Team

How much is the fee for payment links?

Yes, @Dseeman, there is. 

 

You'll be charged a fee each month for contractors with direct deposit turned on, even if you don't pay them during the month. The fee may vary depending on the specific plan you have with QuickBooks Online.Check out this article for more information: Pay a contractor with direct deposit.

 

If you want to turn off the direct deposit to ensure you will not be charged a fee during the month., go to the Turn-off or change your contractor’s direct deposit section of this article for details: Set up and manage direct deposit for your contractors.

 

Furthermore, you may check out this article to learn how to pay your contractors using checks instead to avoid monthly fees: Pay a contractor with a paper check.

We're always here in the Community to help if you have other questions about managing your contractors. Never hesitate to reach back by clicking the reply button below.

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