Credit card processing:
Servgrow provides credit card processing through Stripe - the industry leader in payment processing renowned for its bank-level security measures.
All cards processed through Servgrow and Stripe are encrypted on disk with AES-256. The decryption keys are stored on a separate device. This means that as soon as a customer's card is scanned using the Servgrow mobile app or input into the Servgrow web portal, it is secured and unretrievable by the user.
Processing Fees:
Processing Fees:
As of January 1st, 2024, our standard credit card processing rates are as follows:
2.7% +.5 cents a transaction for when the card is swiped, tapped, or chipped with our card reader: Mobile card reader set up.
2.99% if the card is entered online by the customer via an invoice emailed to them
3.49% when the card details are manually entered or scanned with the app or entered by your staff in the web portal.
Note: If you are processing your first payout, it may take up to 5-7 business days for the deposit to reach your account