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eck26
Level 1

I understand I am responsible for the 2.9% credit card processing fee. How is the 2.9% credit card fee processed and where can I see those charges?

 
1 Comment
ChristieAnn
QuickBooks Team

I understand I am responsible for the 2.9% credit card processing fee. How is the 2.9% credit card fee processed and where can I see those charges?

Hi there, eck26.

 

The processing fee is calculated by multiplying the total invoice amount by 2.9%. It will be processed together with the batched deposit when clients pay the invoices.

 

To see the charges or fees , sign in to your Merchant Account and go to Processing Tools or Activity & Reports.

 

From Processing Tools, here's how:

 

1. Click the Processing Tool's button. Then choose Transactions.
2. Select the Show advanced options. To allows you to do a more specific search using information like transaction ID and expiration date of the card.
3. Choose Search. Take note the default Payment Type is Card. If you also have check processing on this merchant account, change the type to Check to view these transactions.
4. Choose the Transaction ID to display a detailed view of a transaction.
5. Select the Fees tab.

 

In the Activity & Reports:

 

1. Click the Activity & Reports section.
2. Select Transactions tab.
3. Choose the Fees tab.

 

Please check this article to see the different rates and fees: STANDARD PRICING SCHEDULE (U.S. only).

 

Please know that you're always welcome to post if you have any other concerns. Wishing you and your business continued success.

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