How Peasy Makes Money

Peasy is free to use, and we make money when you opt in to process payments through the platform. You do not have to process payments with Peasy, but we believe if we make the best product on the market, you will choose Peasy over others. Our payment processing rates are the same standard rates you're currently paying if you use other platforms like Quickbooks, Bill.com, Square, or others.

Peasy Is Free

Peasy is free. There is no subscription, no trial countdown, and no credit card required to sign up. The core inventory workflows — inventory counting, purchasing, production, sales, invoices — is yours to use.

The free version is the full product, not a stripped-down preview.

How We Make Money

We make money on payment activity when your business chooses to move money through Peasy. These processing fees are paid by the Peasy user/merchant, not by the invoice customer or the vendor receiving a bill payment.

For invoice payments, your customer pays the invoice amount. Your business incurs the processing fee based on how the customer pays, such as ACH or card. The customer payment page, confirmation, and receipt do not add a separate Peasy fee line.

For vendor bill payments, your business is the payer. Before you send an ACH bill payment from Peasy, Peasy shows the bill amount going to the vendor, the Peasy service fee, and the total cost to your business. The vendor receives the full bill amount; the fee is paid by your business and is not shown to the vendor as part of their payment.

If you keep handling payments outside of Peasy, we don't earn anything on those transactions, and that's fine. You can still issue invoices, record payments, and sync to QuickBooks without incurring any fees.

How the Fee Is Collected

The fee is the same either way — what can differ is when and how you see it. Fees are generally taken out of the money moving through your Peasy account, so most of the time you won't see a separate charge:

• Invoice payments (money coming in): The fee is usually taken out before the funds reach your bank, so your deposit is typically the invoice amount minus the fee.
• Vendor bill payments (money going out): Your vendor always receives the full bill amount. The fee may simply reduce your next deposit if you're also collecting payments around the same time, or — if there's nothing to offset it — it may be collected as a separate small entry on your bank statement, usually a little after the bill payment.

Either way, the total you pay matches what's shown before you confirm. Keeping your connected bank account active helps fees be collected smoothly; if a fee can't be collected, payouts may pause until it's resolved.

What You'll Pay

When your business uses Peasy for payments, our current payment processing rates are:

• 2.99% for card invoice payments
• 1% for ACH invoice payments and ACH vendor bill payments
• Vendor bill payment fees shown before submitting the payment
• Invoice collection fees charged to your business based on the customer's payment method
• No monthly minimums or maintenance fees
• No setup fees

It's Always Optional

Payments are an opt-in part of Peasy. Where you collect from customers and pay suppliers is up to you.

Related

• What Is Peasy? — Platform overview
• Peasy vs. Spreadsheets — Why switch from spreadsheets to Peasy
• Payments Overview — How payments work in Peasy