ExpressPay is covered by your monthly subscription cost, although there is a transactional fee of 2.75%. This fee is the industry standard for merchant processing, and covers the credit card processing fees associated with processing your clients’ appointment payments.
You will receive the full cost of your service and any tip, minus the 2.75% fee. All ExpressPay transactions can be viewed on the Revenue tab inside your account.
For example, here's how this would look for a generic day in a barber shop:
- Appointment #1 - Bald Fade, $20
- Appointment #2 - Light Fade, $18
- Appointment #3 - Beard Trim, $22
The total for this day would be $60 ($20 + $18 + $22), but each appointment will have a $2.75% fee to be paid. $60 x 2.75% = $58.35, so the barber could expect a deposit of $58.35 to arrive within the next 1-2 business days.