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Payment transfert delays and fees with Stripe
Payment transfert delays and fees with Stripe

When connected with Stripe, depending on the payment method chosen by your customer, you can review the deposit timelines.

Stella Marques avatar
Written by Stella Marques
Updated over 3 months ago

Payment methods accepted in Plannit Pay

Plannit Pay offers the following payment methods:

  • Credit cards

  • Bank transfers

Once activated, you will have the option to choose whether you wish to offer both methods or only one of them in your quotes and/or invoice payment schedules.

Delay for payments

  • Credit cards: 2 business days to your Stripe account

  • Bank transfers: 7-10 business days to your Stripe account (your first payment may take up to 14 business days)

When will I have the money in my bank account?

Once the money has been transferred to your Stripe account, it will take 1-3 business days to transfer the funds to your external account (your bank account where the funds will be deposited).

📌 Note that by default, the transfer frequency of a Stripe account is set to 3 days, you can change this timeframe by following the instructions below: Change the frequency of Stripe payouts

Fees for Plannit Pay payment processing

🔹 When you use paid options, the rates are:

  • Credit card payments: 2.9% + $0.30 / transaction

  • Bank transfer payments: 1.25% + $1.50 / transaction, with a maximum of $10 / transaction.

🔹 When using the free version, the rates are:

  • Credit card payments: 3.2% + $0.30 / transaction

  • Bank transfer payments: 1.25% + $1.50 / transaction, with a maximum of $10 / transaction.

How is the maximum fee for bank transfers calculated?

The maximum of $10 is reached when a payment is equal to or greater than $680. Here's the calculation: ($680 x 1.25%) + $1.50 = $10

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