I understand that credit card processing fees can add up and that cash flow is important to small businesses. Allow me to share a workaround, @LadyRoxann .
Since credit card surcharges are handled differently in each state, the function to automatically add processing fees to an invoice is unavailable this time. Most merchant service agreements stipulate that the merchant will cover processing fees for credit card payments. However, in some cases, businesses pass these fees on to consumers in the form of surcharges to avoid incurring the additional costs themselves.
If you choose to add a credit card processing fee to your invoice, you can create a service item, then manually add it to your invoice.
To begin, these are the steps:
- On the left navigational bar, go to Get paid and & pay tab.
- Choose Product & Service.
- Click on New then select Service.
- Enter the name of your service item. (Example CC Fee)
- Select the account you'd use to track the processing fees.
- Once done, click Save and Close.
Once done, add the credit card fee as an additional item on your invoice when you charge your customers with the processing fee.
To answer the most commonly asked questions about how payment deposit works and when they'll get into your bank account, see these articles:
Let us know if you have any additional questions. We are here for you!
