Bit for business: how to take Bit payments on your website, and how it differs from a personal Bit account
Bit for business or a personal Bit account? The limits and fees from bit's own site, how to add a Bit button and a payment link, and what it costs.
Bit for business is not a separate app. It is a way of taking payment through Bit — the Israeli bank-backed payment app — via a payment company, without using your own personal account. The difference sounds technical, but it decides how much you can receive in a year, what fee you pay and how you issue an invoice. Plenty of small businesses start out with "just send it to me on Bit" to the owner's mobile number, and discover the limits halfway through the year. In this article we set out the limits and fees on a personal account exactly as they are written on bit's own site. Then we explain how a business account connects to your website, to a payment link and to a phone service, and finish with the mistakes that keep coming up.
Personal Bit versus Bit for business: what is the difference
There are two ways to receive money through Bit. The first is the personal account in the app, built for transfers between people. The second is Bit for business: according to bit's business page, you connect "through a number of companies that will allow you to receive payment from customers with no amount limit". Grow, Cardcom and Upay are among the companies listed there. Receiving with no amount limit is subject, on that same page, to each company's identification and verification processes.
In other words, with Bit for business you are not signing with bit. You are signing with a payment company, and that company connects Bit to your payment page. bit makes clear on the page that the bank "is not a party to the engagement" between the business and the company.
| Topic | Personal Bit | Bit for business via a payment company |
|---|---|---|
| Receiving cap | Up to ₪100,000 per calendar year | No amount limit, subject to identification and verification |
| Cost | Free up to ₪25,000 a year, 0.8% above that | According to the payment company's price list |
| Payment button on your site | None | Yes, through the company |
| Tax invoice | Issued separately | Depends on the company; some issue it automatically |
One point to note: the invoice obligation does not disappear on either route. bit's business page states that "the recipient of payment through bit is obliged to act in accordance with the law, including issuing a lawful tax invoice".
The limits and fees on a personal Bit account, from bit's own site
These figures come from bit's questions and answers page, as we read it on 17 September 2026. bit notes that the amounts "may be updated", so check again before you plan around them.
- Receiving money: up to ₪100,000 per calendar year, group collections included. Anyone who reaches the cap cannot receive any more until the following year.
- Balance: at any given moment you can hold up to ₪20,000 in the balance.
- Fee: receiving from people up to ₪25,000 a year is free of charge. Above the free threshold and up to ₪100,000, a fee of 0.8% is charged on the amount beyond the threshold. Billing usually happens on the 5th of the month.
- Your bank: bit notes that your bank may charge a fee when the money enters your current account or is withdrawn to it from the balance, depending on your arrangement with them.
- The customer's side of a transfer: when sending money to other people you can transfer up to ₪7,000 a day and up to ₪8,300 a month.
- Cancelling: anyone who has sent money and changed their mind cannot cancel the transfer.
Here is an illustration. A fitness trainer receives ₪60,000 a year into her personal Bit account. On the first ₪25,000 she pays nothing. On the remaining ₪35,000 she pays 0.8%, which is ₪280 a year. The fee, though, is not the main problem. A customer paying her ₪9,000 for an annual package cannot send that in a single transfer, because of the ₪7,000 daily limit. And a business that reaches ₪100,000 in a year cannot receive any more money into the personal account until the following year.
How to connect Bit for business to your site and your business
The process is similar at most of the companies:
- Choose a payment company from the list on bit's business page. How to compare them, fees, contract and what to check on your site included, we set out in our website payment processing guide.
- Go through identification and verification with the company. That is the condition for receiving with no amount limit.
- Connect it to your site: a plugin for your platform or a connection made by your developer, so that Bit appears as an option on the payment page.
- Set up automatic invoicing, if the company provides it, or a connection to your accounting software.
- Run a test payment from a phone and from a computer, refund included.
What does it cost? That depends on the company. Grow, for example, writes on its fees page that there is "no additional payment to the credit card companies/bit/PayBox", and its subscription counts transactions "(cards/wallets)" together. At another company the structure can be different, so ask for the price of a Bit payment to be quoted separately.
Where Bit works in a business: on the site, in a link and over the phone
Bit for business is not limited to an online store. These are the places where it makes the biggest difference:
- A button on your site's payment page. The customer taps, moves to the app and approves. According to Grow's Bit page, the customer pays "without entering credit card details". Grow also mentions a QR code option that customers scan, so it is worth checking how the payment looks when the customer is browsing from a computer.
- A payment link. For businesses with no store: you send the customer a link, and they pay by Bit or by card. It suits service providers, workshops and deposits.
- A phone call. bit's business page describes a service in which the customer gives their phone number and the business sends them a Bit payment request, with no card details read out loud.
- WhatsApp. That same payment link can be sent in a message. What you are allowed to send customers and how to build an orderly process, we explained in WhatsApp marketing for businesses.
Bit, Apple Pay or a credit card: what to show at checkout
You do not have to choose one. In an Israeli store, checkout should show at least a credit card and Bit, and it is worth adding Apple Pay and Google Pay. As we wrote in our guide to building an online store, a customer who cannot find their payment method abandons the checkout.
There are still differences worth knowing. First, Bit and digital wallets save the customer from typing a card number on a phone. Second, if you sell expensive products, check with your payment company which payment methods support instalment transactions. Third, check for each payment method how a refund is issued and what it costs.
Mistake #1: asking customers to send money to the owner's personal Bit account. The result: a fee above ₪25,000 a year, a ceiling of ₪100,000, and business money mixed into a private account.
Mistake #2: taking a Bit payment without issuing an invoice. bit itself writes that the invoice obligation applies to the recipient of the payment.
Mistake #3: hiding Bit until the last step of checkout. Show the payment methods on the product page or in the cart.
Mistake #4: not testing a payment made from a computer. A customer browsing on a desktop who chooses Bit completes the payment on their phone, and that handover has to work without a hitch.
What Simple Web does about it
Simple Web is an AI-first marketing agency from Bnei Brak, certified Meta partners and Google advertising experts, working with 200+ businesses and holding 28 five-star Google reviews. In the online stores we build, Bit is part of the checkout from the start, alongside cards, Apple Pay, Google Pay, PayPal and instalments. The store also connects to your bookkeeping: Green Invoice, iCount or Priority.
We build on Shopify or on WordPress/WooCommerce, depending on the size of the catalogue. A store costs ₪8,000–30,000 depending on scope, with the final price agreed up front, and is usually ready within 14 business days. Every store includes 6 months of SEO content free (a value of ₪4,500) and 3 months of warranty and free fixes. It all starts with a free diagnostic call.
Summary
A personal Bit account is built for transfers between people, and bit's site states that it carries a ceiling of ₪100,000 a year and a fee of 0.8% above ₪25,000. Bit for business runs through a payment company, with no amount limit subject to verification, and gives you a button on your site, a payment link and a payment request by phone. On either route, the invoice obligation stays with you. Want a store where Bit and the rest of the payment methods work from day one? Get in touch for a free diagnostic call.
Sources
- bit: for businesses and organisations — connecting through payment companies, receiving with no amount limit subject to verification, the phone payment-request service and the invoice obligation
- bit: questions and answers — the receiving and transfer caps, the free threshold, the 0.8% fee and charging from the balance or the card (read on 17 September 2026)
- Grow: bit for business — how a customer pays by Bit through a button, a link or a code
- Grow: fee schedule — no additional payment to bit, and card and wallet transactions counted together in the subscription
