Comparison of different payment methods
Looking for some transparency around processing fees, processing times, and the manageability of different payment methods? The chart below can help you decide which payment processing option works best for your operations.
For payments in Canadian dollars 🇨🇦
| Payment methods | How to setup | Processing time | Fees |
| Credit card (Mastercard, Visa, and American Express) | Enter credit card details into Notch | Fast | May occur higher fees |
|
Bank payment: Pre-Authorized Debit (PAD) |
Enter bank account details into Notch. Payee to obtain an agreement of payment authorization from the payor | Fast |
Lower fees |
|
Bank payment: Electronic Funds Transfer (EFT) |
Enter bank account details into Notch | Moderate to fast | Lower fees |
For payments in US dollars 🇺🇸
| Payment methods | How to setup | Processing time | Potential fees |
| Credit Card (Mastercard, Visa, and American Express) | Enter credit card details into Notch | Fast | May occur higher fees |
| Automated Clearing House (ACH) | Enter bank account details into Notch | Moderate to fast | Lower fees |