Rho Launches Credit and Debit Card Payment Options for Invoices
Rho, an all-in-one finance platform for businesses, has introduced the ability to accept credit card, debit card, and Google Pay payments on invoices. This feature is now available alongside existing ACH and wire transfer options within Rho's invoicing system. The new functionality allows eligible customers to process card payments directly from their current Rho account without needing a separate merchant account or dashboard. Payments are processed through Stripe with fees of 2.9% plus $0.30 per transaction, which businesses pay before funds are deposited into their accounts. Inbound ACH and wire transfers remain free for users. Rho invoices integrate directly with QuickBooks Online as accounts receivable, ensuring accurate AR aging without manual data entry. The feature is currently limited to USD-denominated invoices and requires Stripe's verification process.
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Topics: financial technology payments QuickBooks integration