Payment methods explained

Updated 9 months ago by Stuart Balcombe

When you send invoices to a client using Sail, they can pay easily in the same place. You can choose to offer a single preferred payment method for each invoice or provide multiple options, but which payment methods should you choose? 

Getting paid on time is a combination of a strong relationship with your client, a frictionless payment process and delivery of the value a client expects for their money. It's important to consider three main criteria when deciding which payment options to offer your clients.

  1. The payment experience for your clients
    1. Providing a simple and intuitive payment process to clients will make it easier for them to pay quickly and securely.
  2. Ease of management as a freelancer
    1. Accepting online payments allows you to get paid quicker with direct transfers to your bank account. 
  3. Transaction fee costs
    1. Not all payment methods cost the same amount to process. Credit cards are the most expensive and you can save thousands of dollars a year by choosing a lower cost option like ACH.
Transaction fee comparison table


Bank Transfers (ACH)

Pro: Easy and secure for clients, lowest transaction fees for freelancers.

Con: Clients may be used to paying using a company credit card. 

Fees: 0.8% with a $5 maximum per transaction.



Credit/Debit Cards

Pro: Readily accepted method of paying online.

Con: High transaction fees.

Fees: 2.9% + 0.30¢ per transaction

Checks and Cash

Pro: May be a clients preferred method of payment.

Cons: Takes longer to receive and process than electronic payments.

Fees: No charge


What's Next?

Accept credit cards, debit cards, and bank transfers (ACH) as payment methods by connecting your Stripe account to Sail.

  1. How to connect a Stripe account
  2. Update the payment methods you accept in the Studio Settings tab.

How did we do?