Supported Payment Methods
With Plannit Pay, you can accept the following payment methods:
Credit cards
Bank debit (account-to-account transfer)
Interac*
Once the service is activated, you can offer one or both methods in your estimates and invoices.
Payout Delays
Here are the typical delays for transferring funds to your Stripe account:
Credit card payments: 1 to 2 business days to your Stripe account.
Bank debit payments: 7 to 10 business days to your Stripe account (the first payment may take up to 14 business days).
Interac* payments: 3 business days to your Stripe account (the first payment may take up to 7 business days).
When will I receive the money in my bank account?
Once the funds are transferred to your Stripe account, an additional 1 to 3 business days are required to transfer funds to your external account (your bank account where the funds will be deposited).
📌 By default, the payout frequency of a Stripe account is set to 3 days; you can change this delay by following these steps: Change the frequency of Stripe payouts
Payment Processing Fees With Plannit Pay
🔹 Paid Version of Plannit
Credit card payments:
Online: 2.9% + $0.30 / transaction
Payment terminal: 2.75% + $0.30 / transaction
Bank debit payments:
Online: 1.25% + $1.50 / transaction, with a maximum of $10 / transaction
Interac* payments:
Payment terminal: $0.75 / transaction
🔹 Free Version of Plannit
Credit card payments:
Online: 3.2% + $0.30 / transaction
Payment terminal: Not available with the free version.
Bank debit payments:
Online: 1.25% + $1.50 / transaction, with a maximum of $10 / transaction.
Interac* payments:
Payment terminal: Not available with the free version.
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
Important Notes
📌 First Payment or First Transaction
Funds may take up to 14 business days before appearing in your Stripe account. This is normal when activating your account; the institution must perform compliance and security checks.
📌 Variable Delays
Processing times may vary depending on the bank, the country, payment method, and compliance checks.
📌 Insufficient Funds for Bank Debit
Just like an NSF check, additional fees may be charged by banking institutions for payments without sufficient funds. Fees vary by bank.
Where to Find More Information
For details regarding fees, free vs paid versions, or first payments, refer to this article. To understand how Plannit Pay works overall (activation, options, payment methods…), refer to the article How does online payment work with Plannit Pay.
Support is available at all times through our support team.
* Interac payments are offered in Canada only.