In order to pay customers and vendors using Direct Deposit, you have to be enrolled in a merchant account for direct deposit with our exclusive merchant provider partner, Forte.
AccountEdge does not charge any fees directly in connection with Direct Deposit, but Forte may bill for the service on their end.
The pricing and fees associated with Direct Deposit are shown below:
Set-up fee | No setup fee |
Per transaction fee | $0.99 ongoing fee |
Monthly access fee | $14.95 ongoing fee |
Rejected item rate | $2.50 per occurrence |
If you would like to read more about Direct Deposit or apply for services, we have a more detailed FAQ here.