Infusionsoft Payments Released — Business Technology Consultants

Infusionsoft Payments Released

Infusionsoft released their merchant facilities this week for all Infusionsoft customers.   This program is one more reason to love and use Infusionsoft.

The application process takes no more than a few minutes as opposed to most merchant account applications that are very complicated, have several pages and take a considerable amount of time to complete.

The account is setup and approved within 10 minutes.  It took me about 5 minutes from start of application for it to be activated in my account.

The account works phenomenally and has several advantages to traditional merchant accounts:

  • There are no monthly service charges.
  • There are no hidden charges.  Everything is transparent.  2.9% plus .30 per transaction regardless of size of transaction or type of card used.  Yes, there is no additional fees for American Express.
  • The cards currently accepted are Visa, Mastercard, Discover and American Express.
  • There are no hold backs.
  • You decide on how often the account is settled.  You can have the money in your account within 2 days.
  • It currently only processes charges in American Dollars.
  • There are plans for a card reader in the near future for remote/scanned transactions.
  • It does only work with Infusionsoft generated transactions.
  • This is another example of a way for a small business to consolidate their functions and eliminate redundant charges for services.