This Paynode Fee Schedule sets forth the amounts Sub-Merchant pays to Paynode for each Payment Transaction processed through the Payment Platform, effective as of XX, 2022 (“Effective Date”).

American Express Discount Rate for US Sub-Merchants

Card Type / Transaction Amount

Transaction amount up to $19,999.99

Transaction amount from $20,000.00 and above**

Consumer Card

3.49%

2.99%

Corporate Card & Small Business Card

3.79%

3.29%

  • An additional .60% is added to the Discount Rate for American Express cards issued outside of the United States.

  • In the event of a refund, the American Express fee will be reversed except for .2%.

  • American Express card acceptance is only available to US registered Paynode members.

Visa and Mastercard Discount Rates

Payment Type

Discount Rate

Visa Card

Interchange & Processor Fee + .70%

Mastercard Card

Interchange & Processor Fee + .70%

  • In the event of a refund, some of the above fees will be partially reversed. The Sub-Merchant will be responsible for paying all remaining fees.

Domestic Payments

Receiving Payments

Fee

Receive Instant Payment

No fee

Inbound local wire (ACH/FedWire)

No fee

Sending Payments

Fee

Send Instant Payment (Weekdays)

20 USD

Local wire transfer to 3rd party (ACH/FedWire)

15 USD

SWIFT

35 USD

Payment to self*

No fee

Domestic Payments are defined as payments where the beneficiary account is located within the United States. International Payments are defined as payments where the beneficiary account is located outside of the United States.

International Payments

Receiving payments

Fee

Receive Instant Payment

No fee

Receive loval wire (in USD)

No fee

Inbound SWIFT

No fee

Sending Payments

Fee

Send Instant Payment

35 USD*

Local wire transfer to 3rd party (SEPA/UKFP)

35 USD

SWIFT

35 USD

Other

Fee

FX conversions

Fee included in rate

FC conversion cancellation

10 USD + conversion loss amount (if applicable)

Intra Company transfers

X

Instant Payment weekend surcharge

50+ USD

* Instant payments processed on weekends will incur a $50 surcharge

* Payment to self: No fee when sent via "Regular" transfer. SWIFT fees will apply if sent via "Priority".

Regular will send payments via local payment methods such as ACH or FedWire.

Priority will send payments via SWIFT.

Capitalized terms not otherwise defined herein have the same meaning as defined in the Paynode General Terms and Conditions.

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