Hi, Why is the percentage charged on invoice payments so high compared to your competitor?
Cheers
Hi @kevsidford, thanks for your post!
Invoice payments are considered a card-not-present payment. For these types of transactions, Square pays more fees and the fee increase goes directly to the card issuing bank to help mitigate the risk of fraud and protect your business.
You can read more about Square payment fees and what are included within our card processing fees here.
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