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Wix invoices8/3/2023 ![]() ![]() Wix Payments alternatives as payment provider: Giropay: 2.5% of the transaction amount + 0.30 EUR IDeal: 2.5% of the transaction amount + 0.30 EUR – Switzerland: 2.5% of the transaction amount + 0.40 CHF ![]() – Austria, Belgium, Germany: 2.5% of the transaction amount + 0.30 EUR Wix POS (only in USA): 2.6% of the transaction amount + 0 USD – United States: 2.9% of the transaction amount + 0.30 USD – Switzerland: 2.3% of the transaction amount + 0.30 CHF – United Kingdom: 2.1% of the transaction amount + 0.20 GBP – EU countries: 1.9% of the transaction amount + 0.30 EUR In terms of credit/debit card transaction fees for Wix Payments, they are as follows: Major credit cards/debit cards: Visa, Mastercard, Maestro, Discover, AMEX, Diners, CUP and JCB With Wix Payments you can accept these different payment methods: Credit payments have the lowest fee and ever-cheaper rates for transactions with European cards. This is charged for every payment you receive through Wix Payments. To accept credit and debit cards payments, Wix Payments charges a processing fee of 2.9% of the transaction amount plus $0.30. Fees change respectively for regions as well as methods of payment. On the other hand, a “processing fee” is a fee charged for every payment you receive through Wix Payments. Wix Payments is free to use and doesn’t charge transaction fees. According to the new requirements, the identity of a user placing an online transaction must go through an authentication process by the customer’s bank in order to fight fraudulent payments. However, the new requirements may affect any online entity processing payments where both the seller and the buyer’s bank are located in the European Economic Area (EEA). In addition, the Strong Customer Authentication (SCA) requirements of the Payment Services Directive (PSD2) aim to make electronic payments more secure within the EU. Any merchant that wants to process, store or transmit credit card data is required to be PCI compliant, according to the PCI compliance security standard council. PCI DSS is a must by credit card companies to make online transactions for organizations and sellers secure and protect them against identity theft, fraud, and data breaches. Wix Payments ensures the security of their user's financial transactions with the Payment Card Industry Data Security Standards (PCI DSS). ![]()
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