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”).
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 (EUR/GBP via SEPA/UKFP) | No fee |
Inbound SWIFT | No fee |
Sending Payments | Fee |
Send Instant Payment (Weekdays) | 5 EUR* |
Local wire transfers to 3rd party (SEPA/UKFP) | 5 EUR |
SWIFT | 25 EUR |
Payment to self* | No fee |
For EU/EAA registered members: Domestic Payments are defined as payments in members where the beneficiary account is located within the EEA. International Payments are defined as payments where the beneficiary account is located outside of the EAA.
International Payments
Receiving Payments | Fee |
Receive Instant Payment | No fee |
Receive local wire (in USD) | No fee |
Inbound SWIFT | No fee |
Sending Payments | Fee |
Send Instant Payment | 35 EUR* |
Local wire transfers to 3rd party (ACH/FedWire) | 25 EUR |
SWIFT | 25 EUR |
Other | Fee |
FX conversion | Fee included in rate |
FC conversion Cancellation | 10 EUR + Conversion loss amount (if applicable) |
Instant Payment Weekend surcharge | 50+ EUR |
Intra Company transfer |
*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 SEPA or UK Faster Payment.
Priority will send payments via SWIFT.