Any network fees incurred for the previous month will be aggregated and debited from the default operating account on or around the 15th of the following month. Network fees are additional fees that may be applied to a credit card transaction by those entities and are passed through directly to the Firm. (card brands) as the cost of using their networks for processing.
Network Fees are fees charged by Visa, MC, Discover, AMEX, etc. If you have any questions please reach out to ARE NETWORK FEES? If you would like to see a breakdown of the ePayment deposits you received or more specifically which payments were part of a deposit you received - please reach out to for assistance.
$2.80 will be debited for transaction fees separately Please note: Fees may be debited from your account before your successful payment appears in your account. If you are wanting a different cadence please reach out to the support team.
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You will receive the full payment amount in your bank account and the transaction fees will be reflected as a separate transaction debit.įirms will be set up on a monthly schedule for fees, meaning all fees will be collected and then sent in a batch once a month. Transaction fees for credit cards and eCheck fees are deducted on a per payment basis, separate from the payment itself.
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If you believe you are receiving better rates from another processor we are happy to perform a free Rate Comparison at no additional cost to help you assess if Bill4Time Payments can provide lower rates than what you are currently receiving. All credit card payments, regardless of card type including international cards, incur a flat 2.8% transaction fee, however some additional small network fees may apply to individual payments.
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