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Wethos Payments Account
Are there any fees involved in opening a Wethos Payments Account?
Are there any fees involved in opening a Wethos Payments Account?
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Written by Help Center
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IMPORTANT NOTICE: On May 14th, 2024 all Wethos Payments Accounts will be closed as we are transitioning to a new form of payment acceptance for your invoices. Once closed features such as debit cards, account statements, account transfers, and account and routing numbers will no longer be available. On May 14th, the Payments Tab will also no longer be available. Please download your account statements or CSVs before this date and make any withdrawals of the funds in your account. If there are any funds left in the account, they will be mailed to you within 30-60 days of account closure. You can learn more about this in our featured Help Center article HERE.

There are no fees or minimums to open a payments account with Wethos! The only fee that applies to your Payments Account is a 1.5% transaction fee on ACH client payments or payments from non-linked bank accounts, 2.9% + $0.30 transaction fees on debit/credit card client payments, and 1% on wire transfers

Take advantage of a lower processing fee by upgrading to Wethos Pro. With Pro you will get a 1% transaction fee on ACH client payments or payments from non-linked bank accounts,2.9% + $0.30 transaction fees on debit/credit card client payments, and 1% on wire transfers

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