Wodify Payments FAQ

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With Wodify Payments what you see is what you get. You’ll have reports right in Wodify that will show you exactly how much money you process, how much is coming out in merchant processing fees, and exactly what is going to be deposited into your account. You can also utilize our Quickbooks integration!

 

💰​ Benefits of Wodify Payments at a glance

  1. Quick and easy approval process;
  2. Flat, transparent pricing
  3. No hidden fees;
  4. Enhanced financial reporting;
  5. Automated and thorough chargeback dispute process;
  6. Integration to Quickbooks;

 

💰​  Frequently Asked Questions:

1. What is the fee for credit card transactions for each Wodify Pricing tier?

  • Please see the credit card rates by country below:

Wodify Payments Rates

Countries Currency Payment Type Engage  Grow Promote
United States USD Card 3.0% + 0.3¢ 2.8% + 0.30¢ 2.6% + 0.25¢
ACH 1.5% + 0.30¢ 1.5% + 0.30¢ 1.5% + 0.30¢
Canada

CAD Card 3.0% + 0.3 C$ 2.8% + 0.3 C$ 2.65% + 0.25 C$
ACH 5% + 0.3 C$ 4.5% + 0.3 C$ 4% + 0.3 C$
Finland, France, Ireland, Italy, Portugal, Spain, Austria, Belgium, Germany, Luxemburg, Netherlands EUR Card 2.1% + 0.25 2.0% + 0.25 1.9% + 0.25
SEPA 0% + 0.25 0% + 0.25 0% + 0.25
Greece, Malta, Cyprus EUR Card 2.1% + 0.25  2.0% + 0.25 1.9% + 0.25
United Kingdom GBP Card 2.2% + 0.25£ 2.1% + 0.25£ 2.0% + 0.20£
Denmark DKK Card 2.1% + 2.0kr 2.0% + 2.0kr 1.9% + 2.0kr
Norway NOK Card 2.3% + 2.0kr 2.25% + 2.0kr 2.2% + 2.0kr
Sweden SEK Card 2.3% + 2.0kr 2.25% + 2.0kr 2.2% + 2.0kr
Switzerland CHF Card 2.3% + 0.3Fr 2.25% + 0.3Fr 2.2% + 0.3Fr
Bulgaria BGN Card      
Czech Republic CZK Card      
Hungary HUF Card      
Romania RON Card      
Poland PLN Card      
Australia AUD Card 1.85% + 0.3 A$ 1.7% + 0.3 A$ 1.6% + 0.25 A$
New Zealand NZD Card 3.0% + 0.3 NZ$ 2.85% + 0.3 NZ$ 2.8% + 0.3 NZ$
United Arab Emirates AED Card 3.0% + 1د.إ 2.8% + 1د.إ 2.6% + 1د.إ
Hong Kong HKD Card 3.5% + 2.35 HK$ 3.3% + 2.35 HK$ 3.1% + 2.35 HK$
Singapore SGD Card 3.5% + 0.5 S$ 3.3% + 0.5 S$ 3.1% + 0.5 S$

 

  • All packages include: 
    • No setup fees
    • No batch fees
    • No PCI fees
    • No higher fee for rewards cards
    • No annual fees

2. What is the fee for chargebacks?

If you receive a chargeback in Wodify, these rates will follow per card dispute lost:

  • EU: 15€
  • CAD: $15
  • UK: 15£
  • Denmark 150DKK
  • Norway: 150NOK
  • Sweden: 150SEK
  • Switzerland: 15CHF
  • United Arab Emirates: 15د.إ

3. What is the fee for ACH (Direct Debit) transactions for each Wodify Pricing tier?

Countries in the Eurozone (Finland, France, Ireland, Italy, Portugal, Spain, Austria, Belgium, Germany, Luxemburg, Netherlands) are charged the following fee:

  • All packages - .50¢  per transaction, plus:
    • No setup fees
    • No batch fees
    • No annual fees

3. My country is not in the United States, Canada, or Eurozone, am I able to process Bank Account transactions?

If you are in the EU but your country is not within the Eurozone (Switzerland, UK, Denmark, Norway, and Sweden) Wodify Payments does not currently support Bank Account/Direct Debit payments so you will only be able to process payments made by credit cards. We anticipate bank account payments will be available soon, but ultimately Wodify will need for Stripe to release this option so we may implement it.

4. How long do I have to wait for a payout?

*Discover cards are not currently supported for Stripe customers in the UK.

 

More Information:

TIP: Wodify Blueprint Course - Increase revenue with automated billing

Additional Resources: Wodify Automated Billing; Viewing Upcoming Payouts

If you need any additional assistance with Wodify Payments FAQ, feel free to reach out to us at support@wodify.com or via Priority Live Chat in your admin account (Promote only).

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