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owlwisemedia
Active Member

I would like to decrease the % transaction fee from 3%.

I feel that 3% is too much. A pos at a storefront is 1.3%. 3% plus the monthly fee seems expensive. Any suggestions?

1 Comment 1
MoiraskyeT
QuickBooks Team

I would like to decrease the % transaction fee from 3%.

Managing processing costs is an important part of running your business. While standard rates are listed on the Intuit Payments Pricing Schedule for Canada, your actual fees can vary based on your specific plan, promotional pricing, or other offers applied to your account.

 

For this reason, I highly recommend contacting our QuickBooks Payments support team. They can securely review your account to help find the most cost-effective solution for your payment processing. During that conversation, you might also want to ask them about EFT Bank Payments, which often carry a significantly lower rate than standard credit card processing and could be a great alternative to your storefront POS.

 

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