Payment processing rates for customers using Perfect Venue
Below are the default processing rates for Stripe and Square. If you are doing a high volume, you can contact them to see if they can offer you lower rates.
Stripe
- Credit & debit cards: 2.9% + 30 cents/transactions
- ACH: 0.8%, capped at $5/transaction
Square
- Credit & debit cards: 2.9% + 30 cents/transactions
- ACH: 1%
Custom Rate Volume Guidelines
There are many factors that go into when payment processors will offer custom rates, some rough guidelines are $1m/year in annual volume with Stripe and $250k/year in annual volume with Square as of 2024. However, these numbers can change and there are other factors that go into their decision. Perfect Venue has no ability to impact custom rates.
Note: ACH processing is only available on Premium Plans