Transaction Fees
A transaction fee of 1% is applied to each invoice for the reconciliation process.
Reconciliation ensures accuracy and consistency in financial records. It involves matching payer and payee records to confirm accurate payment execution and account correspondence.
To pass on the transaction fees, please adhere to the following steps:
- From the menu bar select "Settings" then "Payment Settings" tab:
Within the designated section, you can specify the percentage you intend to transfer to your customers for credit card and/or ACH/E-check transactions:
Please Note: Transaction fees are billed in arrears