I am new to square invoices, but I am using them for high dollar amounts for my marina. So for example - paying for their boat slip for the season ($4000).
I would love to be able to give customers the option on the invoices to pay by ACH or by Credit Card, but if they choose credit card, the system automatically adds a 3% fee to cover those processing costs.
Is there any way to do this? Or is this a feature that may be built in the future?
Hello there @ddrew and welcome to the Seller Community
Because payment networks recently updated their rules around credit card surcharging, Square cannot support surcharging at this time, and you cannot use the service charge feature to add a credit card surcharge.
While we work to develop a compliant surcharging feature for sellers, there are options to more effectively manage your costs, including reviewing your pricing strategy with our Pricing Calculator and using cash discounts. Learn more about our Pricing Calculator, and cash discounting programs.
Note: Surcharging is not permitted on debit cards, prepaid cards, or Afterpay transactions. Surcharging is also subject to local laws and regulations that apply to your business and must comply with card network rules, including notification requirements.
I hope this information is helpful!
Square Community
Square Products