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Wodify Payments FAQ (EU)

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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? (US rates)

  • Please see the credit card rates by country below:

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  • 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€
  • UK: 15£
  • Denmark 150DKK
  • Norway: 150NOK
  • Sweden: 150SEK
  • Switzerland: 15CHF

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 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?

  • For credit cards, you can expect payouts in 4 business days
  • For direct debit/checking accounts, you can expect to receive payouts in 6-7 business days

 

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

 

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