WePay Payment Processing Fees Disclosure

 

WePay Payment Processing Fees Disclosure

 

Fee Disclosure Box

Payment Card Type

These are the most common types of domestically issued cards and their processing methods. They do not represent all the possible fees and variations that are charged to merchants.

Processing method – Card/device not-present

Means that the card/device was not electronically read. Generally, the card information is manually key-entered (e.g. mail/telephone order, online, recurring payment)

Visa (all card types)

2.85%* + $0.30 per transaction

MasterCard (all card types)

2.85%*  + $0.30 per transaction

American Express (all card types)

2.85%*  + $0.30 per transaction

Discover (all card types)

2.85%*  + $0.30 per transaction

Chargebacks

$15.00 per Chargeback (plus the amount of the Chargeback)

 

 

*2.85% is a variable fee, adjusted as follows:

 

 

Total U.S. and Canadian Monthly Payment Card Volume

Variable Fee

$0 to $3,000,000

2.85%

$3,000,000 to $6,000,000

2.80%

$6,000,000 to $10,000,000

2.75%

$10,000,000 to $15,000,000

2.70%

$15,000,000 and up

2.65%