Electronic payment of invoices by my clients - attempting to get a fee lower than 3%

You can request a rate review to get the best rates for processing your transactions in QuickBooks Payments, @salvagesignco. I'll outline the details below.

You can ask for a rate review to see if you qualify for discounts on our processing fees. However, you must first meet the following requirements:

• You processed through QuickBooks Payments:
  • In QuickBooks Online: An average of $10,000 in the last three months.
  • In QuickBooks Desktop: An average of $15,000 in the last three months.
• You processed with QuickBooks Payments for at least the last three consecutive months.
• Your account doesn’t currently have funds on hold and remains in good standing.

Moreover, please know that we don't review accounts for Authorization fees and the AMEX SE program - these discount rates are set by American Express. If you're qualified, I recommend reaching out to our Customer Support Team so we can start a rate review of your accounts.

For more information about this process, check out this reference: Request a rate review of QuickBooks Payments discount fees.

In addition, this article can help you accept online payments in the future: Receive and process payments in QuickBooks Online with QuickBooks Payments.

You can always reply on this thread if you have more queries about discounts and processing invoice payments. We're delighted to help you succeed. Take care always.