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Debit Card vs Credit Card fees

  • September 17, 2024
  • 1 reply
  • 42 views

Anthony Licursi

Will there be an option in invoicing to offer clients a lower fee when using a debit card instead of a credit card? Specifically, can we include a "Pay by Debit Card" option on invoices to help avoid the higher processing fees we’re currently charged?

Many stores now offer this option, where if you pay with a debit card and enter your PIN, you avoid extra fees. It would be great to have this as a third payment option in invoicing to reduce costs, especially for small businesses like ours using HB for payments.

Best answer by AlonRe

Hi Anthony,
Its Alon, HoneyBook payments product manager.

Currently, we don't have a dedicated 'Pay by Debit Card' option that applies a lower fee on our invoicing platform. However, we understand that for many small businesses, payment processing fees are a significant consideration. While it's not part of our current roadmap, we’re always evaluating feedback on how we can better support cost-effective payment options. We’ll keep this in mind as we look into future enhancements to our payment features.

 

1 reply

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  • HoneyBook Employee
  • Answer
  • October 29, 2024

Hi Anthony,
Its Alon, HoneyBook payments product manager.

Currently, we don't have a dedicated 'Pay by Debit Card' option that applies a lower fee on our invoicing platform. However, we understand that for many small businesses, payment processing fees are a significant consideration. While it's not part of our current roadmap, we’re always evaluating feedback on how we can better support cost-effective payment options. We’ll keep this in mind as we look into future enhancements to our payment features.