16min

Credit Card

Accepting credit cards and debit cards is currently the quickest and easiest way to get paid by your customers.

Setup

Follow these steps to start accepting credit card payments in minutes.

  1. From the Invoiced dashboard go to SettingsPayments.
  2. Click Setup on the Credit Card payment method.
  3. Complete the application process for a new Invoiced Payments account. You will need to know key business information like beneficiaries and company ownership in order to complete the application. This information is required for KYC / AML compliance.
  4. Next you will be prompted to add a settlement account where customer payments will be deposited.
  5. Once you have completed the setup process your customers can now pay you with a credit or debit card!

If you process more than $10,000 in payments per week there will be a 7-day hold on funds before they are paid out. As you build payment history this limit can be increased by contacting Invoiced Support. If you know in advance that you will be processing more than $10,000/week in payments then you can contact Invoiced Support to proactively raise the limit. Generally statements from your previous payment processor are required to proactively raise the limit.

Client Workflow

Paying with credit or debit card is fairly straightforward for customers. When a customer is viewing a payment form they would select Credit Card as the payment method. Then they will enter in their card information and click pay. We will give them a receipt immediately following a successful payment

Pay Invoice with Credit Card
Pay Invoice with Credit Card

Virtual Terminal

Like customers, internal Invoiced users have the ability to apply a payment to an account with a credit card payment on an invoice. Whether a customer has saved a credit card payment method on file or has provided the user with the information, easily access the virtual terminal for payments by navigating to the invoice and selecting receive payment -> charge. From there, you can select the saved credit card or enter a new card for use.

AutoPay

Credit card payments work with AutoPay when your customer has a saved card on file.

Convenience Fees

Credit card payments support charging customers a convenience fee when they pay with a debit or credit card. A convenience fee is a % markup added to the final transaction amount. You may charge up to 4% convenience fees.

Where convenience fees are applied

When enabled, convenience fees add a % fee to the total payment amount of any credit or debit card charge. Convenience fees are not applied towards outstanding balances.

  • Payments in the customer portal, including invoice payments, estimate deposits, and sign up pages
  • AutoPay payments
  • Payments made through Virtual Terminal

Setup

Convenience fees can be setup with the following instructions:

  1. From the Invoiced dashboard go to SettingsPayments.
  2. Click Configure on the Credit Card payment method.
  3. In the Convenience Fee field enter the % you wish to charge, up to 4%.
  4. Click Save to go live with convenience fees.

When a customer makes a payment with a credit or debit card they will see a warning on the payment page about the convenience fee.

Credit Card Convenience Fee
Credit Card Convenience Fee