What are the fees for using a credit card for payroll?

What are the fees for using a credit card for payroll?

  • Credit card processing fee: 2.9% (may be lower for high-volume transactions)
  • ACH: Free with subscription, max $10 without subscription
  • Wire transfer: $12 or 0.1% without subscription, $10 with subscription

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    • How often can payroll be processed using a credit card?

      Payroll can be processed every two weeks, and you can use a credit card to fund your payroll as long as you upload the payroll summary.

    • Is it possible to run payroll using a credit card?

      Yes, payroll can be funded through a credit card once the feature is live again. Funds are transferred to the user’s bank account, allowing their existing payroll provider (like Paychex) to deduct payroll amounts from that account.

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    • What are the credit card transaction fees for payroll?

      Online Check Writer is very affordable and charges only 2.90% of the payroll transaction and a $0.20 if the processing method is ACH and $10 for Wire. The receiver doesn't need to pay any fees.