When a payment attempt fails for various reasons, including but not limited to insufficient funds, incorrect account details, or an expired payment method, a failed payment fee may be applied to the account. A late payment fee may also apply if the failed payment is not paid by its original due date* or remains unpaid at the time the grace period expires.
*A payment’s due date is considered within that date in Universal Coordinate Time (UTC). Learn more about UTC time conversions here.
See “Why did my payment fail, and what do I do to fix it?” for more information on failed payments and how to avoid these fees. Learn more about Sezzle and bank fees here.