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What are the merchant fees for card acceptance?
What are the merchant fees for card acceptance?

ipaymy merchant fees for accepting credit card.

Vanessa Teo avatar
Written by Vanessa Teo
Updated over 8 months ago

With ipaymy's Fetch, you can accept credit card payments from your customers at no extra cost to you.

ipaymy does not charge a subscription fee for having an account, nor do we charge an additional fee based on the number of customers you have or invoices sent. ipaymy simply charges a transaction fee for every payment made through ipaymy. This transaction fee is up to 30% less than leading alternatives.
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You can enjoy the freedom to choose to pay for this fee, split it between you and your customer, or have your customer shoulder the cost.
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That's it - there are no hidden additional fees or minimum spend surcharges for using ipaymy's Fetch payment collection feature.

Our transaction fees vary based on region, currency, and card type.ย 

Payment Country

Currency

Card

Hong Kong

Hong Kong Dollar (HKD)

  • Local Visa, Mastercard and UnionPay

    • 2.8%


  • International Visa and Mastercard

    • 3.5%

Malaysia

Malaysian Ringgit (RM)

  • Local Visa and Mastercard

    • 2.8%


  • International Visa and Mastercard

    • 3.3%

Singapore

Singapore Dollar (SGD)

  • Local Visa, Mastercard and UnionPay

    • 2.8%


  • International Visa and Mastercard

    • 3.3%

Australia

Australian Dollar (AUD)

  • Local Visa and Mastercard

    • 1.5%


  • International Visa and Mastercard

    • 3.3%

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