Accept Payments Anytime, Anywhere
The monthly minimum processing fee is the minimum you must meet each month in total rate fees, otherwise you owe the remaining balance.
- You charge $500 in a month. That would make your rate total for the month $14.45. Your monthly minimum of $10 has been met so there are no additional fees.
- You charge $150 in a month. That would make your rate total for the month $4.34. Since you didn’t meet the $10/month processing fees minimum, you’ll owe an additional $5.66.
- If you don’t charge anything in a month, you would owe $10 in total fees in order to meet the monthly minimum.