Clio Payments Fee Schedules

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The default fee schedule for Clio Payments transaction fees is daily deduction for all transactions. UK customers also have the option to switch to the monthly fee schedule. With the monthly fee schedule, only chargebacks and refunds are deducted daily. Credit card, debit card, Bacs payments, and client funds transaction fees are deducted at the end of the month.

Note: Regardless of which fee schedule you select, client funds payments are always deposited in full and transaction fees are always taken from the operating account, in compliance with SRA Account Rules. Additionally, transaction fees are only charged for successful transactions. Failed payments do not incur a processing fee.
Tip: View a detailed summary of individual transactions and respective fees for the daily and monthly fee schedules by generating the deposit report. Learn more here.

Switch to monthly fee schedule

When switching to the monthly fee schedule, your new fee schedule will begin on the first day of the upcoming month. If you miss the enrolment cutoff, your new fee schedule will begin on the first of the next month. 

  1. Go to Settings > Online Payments > Bank Accounts.
  2. Select Switch to monthly fee schedule.
  3. Confirm the action by clicking Switch to monthly fee schedule.

 

 

Switch to daily fee schedule

If you switched to the monthly fee schedule but want to return back to the daily fee schedule, you can make the change in your settings. When switching to the daily fee schedule, your new fee schedule will begin on the first day of the upcoming month. If you miss the enrolment cutoff, your new fee schedule will begin on the first of the next month. 

  1. Go to Settings > Online Payments > Bank Accounts.
  2. Click Switch to daily fee schedule.
  3. Confirm the action by clicking Switch to daily fee schedule.

 

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