Thank you for the quick reply, @mporterpas.
I appreciate you for understanding and using our products for over a year. Let me share with you some information about processing fees in QuickBooks.
Currently, there are changes to QuickBooks Online Payments Bank Transfer (ACH) Deposit Speed and Pricing. Starting April 2021, ACH payments will deposit the next business day and you'll be charged a 1% transaction fee (max$10) on each transaction. That's why you're now being charged transaction fees.
This price increase helps us to continue investing in and innovating our products and services. Also allows us to continue adding new features that can help you manage your business. I understand that this costs you much than what is used to. So, I'll take note of this idea.
Additionally, there will be no charge for credit card or debit card payments. And they'll continue to deposit the next business day at your current rates.
To learn how to check when QuickBooks deposits customer payments into your bank account, please visit this article: Find out when QuickBooks Payments deposits customer payments.
Let me know in the comment section if you have further questions about processing fees in QuickBooks. I'm always here, ready to provide explanations. Keep safe.
