*Available for both CAD and USD payments
Credit cards are one of the most widely used payment methods, due to their flexibility, speed, and convenience for consumers. Processing a credit card payment involves authorization, authentication, and settlement between the cardholder, the merchant, and their respective financial institutions. With Notch, you can easily accept credit card payments for your products or services, providing customers with a seamless and secure checkout experience. Notch partner with full-service payment providers that handle the complex backend processes. This also means you're covered when it comes to PCI compliance, saving you time and effort while ensuring secure transactions.
How to add credit card payment for my customers?
1. Go to the "Customers" page in the Notch portal and click into a customer, then click the "Edit Details" button on the top right corner
2. Go the the "Payments" tab and select the "Add payment method" then select "Add a Credit card" option
3. Enter the credit card information on behalf of your customer. (Your customers can also add their credit card details themselves if they have a Notch payment link or access to their Notch customer portal)
If you want to set up your customer on Auto-pay, either you or your customer must select a credit card as the default primary payment method if multiple payment methods are added.
Benefits: Convenient & Faster Cash Flow
Credit card payments are typically settled and deposited into you bank account for payout within a few business days, offering quicker access to funds compared to other payment methods like cheques.
Cons: Processing Fees for Businesses & Chargeback risks
Businesses must pay processing fees for each credit card transaction. Card payments are routed through a network of intermediaries, each adding their fee, making them more expensive than bank payments. These fees vary depending on the card type and transaction size. But worry not! Notch has the "Surcharge" feature, which allows you to pass the fees on to your customers.
Credit card payout timeline
