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What are the Credit Card Processing Fees Associated with Online Payments and How Is It Paid?
What are the Credit Card Processing Fees Associated with Online Payments and How Is It Paid?

Learn more about transaction fees for online payments.

Christina Farrow avatar
Written by Christina Farrow
Updated over a week ago

Accepting payments online through Aisle Planner is fast and easy, and gives your clients more options when it comes to paying for your services.  When you accept online payments from your customers by credit card or ACH bank transfer, you'll enjoy the benefits of competitive processing fees in a seamlessly integrated payment platform.

Aisle Planner currently offers online payments for customers in the US and Canada. Processing fees differ depending on your country of business, which also determines the payment processor you'll be using to process your online transactions.

For US customers, we currently offer payment processing through Wedpay, Powered by Fullsteam. You will find information on transaction rates below.

For our Canadian customers, we currently offer payment processing through Stripe.

You can find information here.

Learn more about how transaction fees are paid here.

Credit/Debit Card Processing Fees For US Customers through Wedpay

3.2% Flat Rate Credit Card processing fee

$25 dispute fee per chargeback

Through WedPay, powered by Fullsteam, we offer a 3.2% Flat Rate Processing Fee for all credit card transactions processed through Aisle Planner. No additional per-card transactions. No hidden fees. A simple, streamlined processing rate ensuring you have complete control over your revenue.

Please Note: If a merchant is onboarded to WedPay and does not process a credit card transaction over a 6-month consecutive period of time, a $25 non-processing fee will be assessed per month until such time a transaction is posted.

ACH Bank Transfer Processing Fees for US Customers through Wedpay

1% per transaction

$25 fee for each failed ACH payment

Credit/Debit Card Processing Fees for Canadian Customers through Stripe

2.90% + $0.30 per credit/debit card transaction

$25 dispute fee per chargeback

Please Note: As of 5/1/24 processing fees for all Stripe customers will increase to

3.2% + $0.30 per credit/debit card transaction.

$25 dispute fee per chargeback

Stripe Foreign Currency Conversion Fees

2% per transaction

If you are invoicing and accepting online payments through Aisle Planner in a currency that is different from your bank account's currency, a 2% conversion fee will be deducted from the total amount collected. For example, if your bank account is in USD, and you send an invoice and collect in Canadian Dollars (or any other international currency) a 2% fee will be applied to your transaction.

How are Credit Card Processing Fees Deducted From My Account?

Our payment processors, whether you are using Wedpay powered by Fullsteam or Stripe, automatically deduct their credit/debit card processing fee from the total amount paid, and the remainder is deposited into your bank account.

Can the Online Payment Fees Be Charged to my Client?

There are a couple of different options that can help offset the cost of accepting online payments.

  • You can set and enable Platform Fees on your invoices for any clients paying by credit card or ACH. This option is currently available for merchants in the US who are using Wedpay and can be done via the Invoice Templates page in your business settings. Learn more here!

  • You can factor in merchant service/processing fees into your service price, and then offer a discount for anyone paying by check or cash.

It’s also worth noting that the law may vary by state in regards to charging fees on business transactions. For example, in many US states, we’ve learned that it is against the law for a company to upcharge or charge a surcharge, convenience or processing fee for a customer who pays with a credit card or ACH, so we recommend doing some quick research to see what’s acceptable by law in your area.

Please note: To apply for an online payment account, account holders must have a verifiable US or Canadian business bank account, business address, and tax ID. Additional information to verify your identity, such as your driver's license/passport, may be requested.

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