Creating an account is completely free. ipaymy charges a flat transaction fee for every payment made on our platform. That's it - there are no hidden additional fees or minimum spend surcharges for using an ipaymy account.  You simply pay as you need it. 

Our fee varies based on region, card type and scheduling period. Our transaction fees are currently as follows:

Payments made to Hong Kong Bank Accounts

Hong Kong issued Visa or Mastercard - 2.6%
Internationally issued Visa or Mastercard - 3.5%
American Express (AMEX) - 3.5%

Payments made to Malaysia Bank Accounts

Malaysia issued Visa or Mastercard - 2.25%
Internationally issued Visa - 2.25%

American Express and Internationally issued MasterCard cards are currently not accepted in Malaysia.

Payments made to Singapore Bank Accounts

Singapore issued Visa or Mastercard - 2.25%
Internationally issued Visa or Mastercard - 3.3%
American Express (AMEX) - 3.3%

For example, in Singapore, if your rent is $1,000 - your card will be charged $1,022.50.  Where $1,000 is your rent amount and $22.50 is the transaction fee.

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