Payments

    Card payment

    A payment made by credit or debit card, processed online or in person.

    Definition

    Fastest way to get paid — funds typically settle in 1–2 business days. Processing fees run 2.6–3.5% + $0.30 per transaction. Many trades pass card fees to the customer where state law allows.

    Related terms

    Stripe

    A payment processor that lets businesses accept cards, ACH, and wallets online.

    Tap to Pay

    Accepting contactless card and wallet payments using just a phone.

    Convenience fee

    A surcharge added when a customer chooses a more expensive payment method.