Quickbook Credit Card Fees | RadioCut USA - 0 views
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golu133 on 05 Feb 24QuickBooks simplifies accepting credit cards in your business, but understanding the associated fees is crucial for informed financial decisions. This guide provides an overview of QuickBooks credit card Online and Desktop fee structures, highlighting key considerations and strategies for minimizing costs. QuickBooks Online: Standard Fees: Invoicing & Quick Requests: 2.99% per transaction for major cards. Card Reader (swiped): 2.5%. Keyed-in Payments: 3.5%. Digital Wallets: Same as invoices. Additional Fees: Instant Deposits: 1.75% on top of standard fees. Payment Dispute Protection: 0.99% - 1.99%. Minimizing Costs: Encourage swiped payments. Limit keyed-in entries. Explore higher-volume tiers for discounts. Compared with other processors. Consider passing fees to customers (legally). Additional Considerations: Interchange Fees: These fees set by card networks are not controlled by QuickBooks and can vary by card type and industry. Statement Fees: Some merchant service providers charge monthly statement fees. Chargeback Fees: Fees incurred if a customer disputes a transaction. Integration: Consider how the processing solution integrates with your accounting software. Security: Choose a processor with robust security measures. Customer Support: Reliable support is crucial for resolving issues.