How much does quickbooks charge for credit card payments?

Charge for QuickBooks credit card payments

QuickBooks charges a processing fee for credit card payments made through their software. The fees vary depending on the payment plan you are on and the type of credit card being processed.

For QuickBooks Payments, which is the payment processing service offered by QuickBooks, the fees for credit card transactions are as follows:

For swiped, dipped, or tapped transactions: 2.4% + 25¢ per transaction


For keyed-in transactions: 2.9% + 25¢ per transaction

How much does quickbooks charge for credit card payments

These fees apply to all major credit cards, including Visa, Mastercard, American Express, and Discover. It’s important to note that there may be additional fees associated with QuickBooks Payments, such as monthly fees, chargeback fees, and fees for using certain features.

QuickBooks offers two payment plans for QuickBooks Payments: Pay As You Go and Monthly. With the Pay As You Go plan, there are no monthly fees, and you only pay for transactions as they occur. The per-transaction fee is higher than the Monthly plan, but it can be a good choice for businesses with sporadic or low transaction volumes. The Monthly plan includes a monthly fee and lower per-transaction rates. This can be a good choice for businesses with higher transaction volumes, as it can result in lower overall processing costs.

It’s important to note that these fees are subject to change and may vary depending on your location and other factors. Additionally, certain industries may be restricted from using QuickBooks Payments, so it’s important to check if your business is eligible.

In addition to credit cards, QuickBooks Payments also supports bank transfers (ACH) and other payment methods. This can be a convenient option for businesses that want to offer customers multiple payment options. QuickBooks Payments also integrates with QuickBooks Online, making it easy to track payments and reconcile your accounts.

Overall, QuickBooks Payments can be a convenient and cost-effective solution for businesses looking to accept credit card payments. However, it’s important to review the fees and terms carefully to determine if it’s the right choice for your business.

There may be additional fees associated with using QuickBooks Payments, depending on the payment plan you choose and the specific transactions you process. For example, if you choose the Monthly plan, you may be subject to a monthly fee in addition to the per-transaction fees. The fee amount will vary depending on your business’s transaction volume and other factors.

In addition, there may be fees for chargebacks, refunds, and disputes. These fees can vary depending on the payment plan and the specific transaction. Chargebacks occur when a customer disputes a charge on their credit card, and the funds are returned to the customer. Chargeback fees can be expensive, so it’s important to take steps to minimize chargebacks, such as ensuring clear communication with customers and providing high-quality products and services.

Refund fees may be charged when a customer requests a refund for a transaction that was processed through QuickBooks Payments. The fee amount will depend on the payment plan you have chosen and the specific transaction.

Dispute fees may be charged when a customer disputes a charge, but the merchant decides to challenge the dispute. The fee amount will depend on the payment plan you have chosen and the specific transaction.

Finally, certain features may be subject to additional fees. For example, QuickBooks Payments offers a virtual terminal feature that allows you to process payments over the phone or by manually entering credit card information. However, there may be a fee for using this feature.



In conclusion, while QuickBooks Payments can be a convenient and cost-effective solution for businesses looking to accept credit card payments, it’s important to be aware of the various fees associated with the service. By carefully reviewing the pricing and terms, businesses can make an informed decision about whether QuickBooks Payments is the right choice for their payment processing needs.