How can businesses send payments to vendors?
Businesses can send payments to vendors using ACH or wire transfer. A $10 fee is charged for wire transfer per transaction, with no additional fees for the vendors.
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How does the wallet feature work?
The wallet feature allows businesses to receive payments into a single account, which can be funded via bank transfers or other sources. Once funds are in the wallet, businesses can use the funds to pay vendors, process payroll, or send payments to ...
What methods are available to receive payments?
Users can send payment request links via email or text. They can also enable credit card payments, print received checks for deposit or use ACH debits to pull funds from customer accounts.
What is the pricing structure for cross-border payments?
For international payments, the platform charges $25 per transaction. Domestic ACH payments incur a $2 fee, and sending payments to vendors via ACH or wire transfer is charged at $5 per transaction.
How many checks do businesses typically write per month?
Businesses may write around 50 checks per month on average, depending on their size and payment methods.
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