Set Up Electronic Payments

Integrated Credit Card Merchants (Fees subject to change)

	(Preferred) Set Up Clover	Set Up Stripe
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 Funding	0.39% + $0.10/transaction Next Day	1.6% (up to a max of $10.00) 2 Days

Set up to receive Electronic Payments in CenPoint

1. First go to File > Company/Branch Information. 

2. Highlight your branch and click “Modify”.

(Each branch requires Electronic Payments set up)

3. Go to the Cust. Portal tab and click Manage Electronic Payment.

4. Go to the browser that launched

Scroll down to Locale and confirm your country has been selected.

We use your country to determine what currency should be used when processing a payment.

 i.e. USA = US Dollars, Canada = Canadian Dollars, etc.

5. Scroll Down to Electronic Payments-> Check the Accept Electronic Payment->

Choose a Merchant-> Click Create Account 

You will be redirected to the Credit Card Merchant webpage to create an account.

6. If you already have a branch authorized with a Credit Card Merchant,

 and the branches share the same bank account, you can select that branch and 'Copy' the authorization.

Otherwise, you will need to create a different Credit Card Merchant account, so the payments go to the correct bank account. 

7. Now that you have created and authorized a Credit Card 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.

Congratulations, you are now set up to accept electronic payments CenPoint!

Use the following links for more detailed information:

Set Up Clover Connect Account

Set Up Stripe Account