Help Center - receivabl.es
  • Introduction
  • General
    • Introduction
    • What is this?
    • How does it work?
    • Which countries are supported?
    • How much does it cost?
    • Are there any fees for a failed payment?
    • What is the chargeback fee?
  • Receiving Payments
    • Can I allow both ACH and credit card payments?
    • How long does it take to get my money deposited?
    • What is the largest payment I can receive?
    • Are subscriptions or recurring payments supported?
    • Can I debit a pre-authorized bank account?
    • Can I pass the fees to my customers?
    • How do I include the credit card fee in my invoices?
    • How do I add a surcharge to credit card payments?
    • How do I calculate my credit card cost of acceptance?
  • Integrations
    • How do I setup the Plaid integration with Stripe to accept ACH payments?
    • Are payments and fees automatically recorded to my accounting software?
  • My Customers
    • What does a payment look like on my customer's bank statement?
    • Can a customer dispute or reverse an ACH payment?
    • Can a customer choose to pay part of an invoice?
    • Can I prevent customers from paying part of an invoice?
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  1. Receiving Payments

How do I include the credit card fee in my invoices?

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Last updated 5 years ago

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The credit card processing fee can be included in your invoices by increasing your prices a percentage slightly more than your credit card fee. Or use this formula to raise your prices the exact amount of the fee:

(price + fixed) / (1 - rate)

where price is the original price, fixed is the fixed component of the fee (ie. 0.3), and rate is the percent component of the fee (ie. 0.034).

If your agreement or contract with your customers allows you might be able to add the fee as a separate line item on the invoice so long as it applies to all payment methods equally.

Then set a discount equal to the price increase to offer your customers the original price for ACH payments. Visit the page, enable the checkbox 'Discount ACH payments', and enter the discount rate.

This is the preferred practice for recovering credit card processing fees and is actually in 10 U.S. states: California, Colorado, Connecticut, Maryland, Massachusetts, Nevada, Oklahoma, Washington, Wisconsin and Wyoming.

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