For each transaction, we charge a fee determined by MDR + a fixed fee.
*Large-volume merchants(over 500,000 USD per month) could apply for a better MDR after three-month of processing with us.
MDR
2.2%~5.5%
+
Fixed Fee
0.2~0.5 USD
Pricing Details
Setup Fee 699USD
Monthly fee 69USD *
MDR 2.2%~5.5%
Fixed Fee 0.2USD~0.5USD
Withdrawal Fee 20USD~30USD
Rolling Reserve rate 0~10%
Rolling Reserve release cycle90~180 Days
Settlement cycle Local Payment: T1 - T5
Card Payment: T3 - T15
Minimum withdrawal amount 1000USD
Application Fee Free
Tech Support Fee Free
Platform Use Free
Compliance Check Free
Monthly Fee Free
Closing Account Free
*Monthly Fee: If the monthly transaction amount exceeds $50,000 for more than three consecutive months, you can apply for a waiver of the monthly fee.
*Chargeback Fee: Generally, there is no chargeback fee for local payments. However, if the merchant opts for card payment, there is usually a chargeback fee, which is typically around $30.
*Risk Control Fee: Sometimes, we collaborate with third-party companies specializing in chargeback protection and fraud prevention. In such cases, we charge merchants a risk control fee to prevent their transactions from encountering unpredictable risks, which could lead to transaction termination, fund freezing, or even fines.
The pricing of MDR is affected by following factors:
Transaction volume
Transaction volume is the priority we refer to when pricing, large-volume merchants could apply for a better pricing discount.
Business vertical
Obviously, the MDR and settlement cycle of low-risk merchant is superior to high-risk merchants.
Wallet type
The price of local wallet is not uniform in different countries. You need to know your target market so as to better confirm which local wallet services you need.
Customer complaint rate
We all detest customers’ complaints with the fact that the cost of dealing with one complaint is much higher than successfully making a new merchant.