Set up Fees for Electronic Payments
  • 26 Feb 2024
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Set up Fees for Electronic Payments

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Article summary

Overview
CenPoint has integrated with Credit Card Merchants  to allow direct payment processing including ACH in CenPoint.  
To use these features, you must be set up with a Credit Card Merchant.  
Integrated Credit Card Merchants (Fees subject to change)

(Preferred)

Set Up Clover 

No Set Up Fees
No Monthly Fees
No Monthly Minimum
CC Fee
2.7% + $0.10/transaction fee (for all card types)
2.99% + $0.30/transaction fee (for all card types)
ACH Fee
0.39% + $0.10/transaction
1.6% (up to a max of $10.00)

 Now that you have created and authorized a Merchant account,

 you can set up the parameters for your Electronic Payments in CenPoint.

   1. Check 'Accept' Credit Card Payments

  2. Select the maximum credit card payment you will accept. (0=no max)

   3.Check 'Add Fee' if you are charging the customer a fee to pay by Credit Card

   4. Add a description for the fee, this will print on the invoice.

   5. Choose the percentage that will be charged, to the customer when paying by Credit Card.

   6. Add a dollar amount if applicable. Example: .30 transaction fee.

   7. Assign a GL code to a Credit Card payment if applicable.

   8. Add a minimum charge amount that a fee will not be added. (You will be covering this amount)

   9. Check 'Accept ACH/Bank Payment if applicable.