AND.CO Payments carry a credit card fee of 2.9% + $0.30 (with +1% added for International Payments).
Stripe & PayPal Payments
Once you set up and manage online payments and connect to one of our integrated payment gateways Stripe or PayPal, standard payment processing fees apply to all online payments and these fees are charged by the payment gateway (not AND CO).
Standard Merchant Payment Processing Fees
Payments processed via Credit Card using WePay or Stripe will incur standard processing fees of 2.9% + 30 cents per transaction.
ACH payments on Stripe cost 0.80%, capped at $5, with no monthly fees or verification fees. So, a $100 payment incurs a $0.80 fee; any payments above $625 cost $5
The first Stripe payment received will take 7 days to process. Moving forward, credit card payments should be deposited in the bank account connected to the user's Stripe within 3- 5 business days.
ACH payments take up to 5 business days to receive acknowledgment of their success or failure. Because of this, ACH payments take up to 7 business days to be reflected in your available Stripe balance.
Keep in mind there are only a select number of countries that support Stripe. The comprehensive list can be found here.
PayPal charges the recipient a transaction fee for each payment they receive. Additional fees may apply for cross-border transactions, foreign currency conversions and other transactions.
For more information on the fees and charges, log into your account and click Fees at the bottom of any PayPal webpage.
You will need to enter your email address associated with your PayPal account to accept payment via PayPal via the Settings tab > Payments
PayPal is accepted globally in most countries but not all. The list of countries that support PayPal can be found here.
💌 Please reach out to your friendly CO's via the Chief Operator tab in the app should you have any questions or concerns. 💌