Lightspeed Payments charges 2.6% + $0.10 for card-present retail and restaurant transactions, and 2.9% + $0.30 for card-not-present, e-commerce, and digital invoices.

What is Lightspeed's third-party processor penalty fee? ▼

If a business chooses to use an external third-party payment processor instead of Lightspeed Payments, Lightspeed assesses an additional non-processing fee penalty of up to $400/month or 0.50% on gross sales.

At what sales volume can merchants negotiate custom Lightspeed rates? ▼

Merchants processing over $250,000 annually ($20,000+/month) are eligible to negotiate custom enterprise rates and Interchange-Plus pricing with dedicated Lightspeed payment specialists.

What hardware terminals are compatible with Lightspeed Payments? ▼

Lightspeed supports Verifone P400, BBPOS WisePOS E, and Mobile Tap readers with native EMV chip, PIN debit, and contactless NFC support across retail and hospitality workflows.

Does Lightspeed charge chargeback defense fees? ▼

Lightspeed charges a $15.00 non-refundable chargeback dispute administrative fee per contested transaction filed by cardholders.

What are payout schedules for Lightspeed Payments merchants? ▼

Transactions batched before standard daily cutoff times are deposited into linked business bank accounts within 1 to 2 business days via automated ACH/EFT.

How does Lightspeed Restaurant handle tip pooling and table splitting? ▼

Lightspeed Restaurant POS integrates automated tip pooling, server checkout reports, course management, and split-tender payment handling compliant with local labor regulations.

How does Lightspeed compare to Shopify POS for omnichannel retail? ▼

Lightspeed provides deeper complex inventory capabilities (matrix variants, work orders, vendor POs, multi-store stock transfers) tailored for specialty retail like bike shops, apparel, and jewelry.