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Is there a way to avoid the 2.9% stripe fee for invoices sent to customers?

 
1 Comment 1
VivienJ
QuickBooks Team

Is there a way to avoid the 2.9% stripe fee for invoices sent to customers?

Hello there, bb_capital.

 

I have some details to share about the 2.9 stripe fee when processing invoices. 

 

The fees you pay cover the transaction processing and depositing funds in your account. Oftentimes, they are bundled rates offered by Stripe, processor, issuing back and card association.

 

Here's an article for more details:

 

Stripe Rates and Fees

 

At this time, the option to avoid the 2.9% charge is unavailable. It is a default amount automatically charged to your account upon doing the transaction. Though this is fixed, you can try to negotiate with Stripe to reduce your rate.

 

To better and securely assess your account, I'd recommend contacting Stripe's customer support specialists. They may also provide other options specifically to your business. 

 

This should get you routed to the right direction. If you have a minute, you can check out this blog for more information:

 

Everything You Ever Wanted to Know About Credit Card Fees

 

The Community has got you covered, bb_capital. If there are other things you need help with, don't hesitate to leave me a message below. Wishing you more success this 2019!

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