Card PaymentsOur pricing depends on how much you accept in card payments each month. The more you sell, the lower your fee will be.
Each month, your fee starts at 2.75%. Throughout the month, you can qualify for a lower fee by accepting more card payments. Once you hit 20 000 kr in card payments in a month your fee starts to drop, going as low as 1.00% if you accept more than 500 000 kr.
When we deposit your money, we always keep 2.75%. However, when the month is over, we retroactively apply the lower fee to all your card payments in that month, if you qualify. We calculate how much you saved, and deposit the difference to you as cash back.
Next month, your fee will be reset to 2.75% again, and the process is repeated.
Here’s an example.
We’ve rounded our fee to two decimal points in this example to make it as clear as possible. If you want to know what your exact fee will be, visit pricing.You take 50 000 kr in card payments in June, which means you qualify for a fee of 1.92%. Throughout the month, we keep 2.75% of your card payments. When we deposit your money to you, you pay 50 000 x 2.75% = 1375 kr - at first.
When the month is over, we apply your 2.35% fee to all of your June card sales, and calculate your savings:
|How much you paid during June:||How much your lower fee was in June:||How much we owe you:|
|( 50 000 kr x 2.75% = 1375 kr )||- ( 50 000 x 2.35% = 1 175 )||= 200 kr savings due to you|
We’ll deposit 200 kr to your account as cash back on the 5th of July, the following month.
Good to know:
- We don’t charge for cash payments or card payments that are declined.
- We don’t charge different amounts for different card types, even American Express.
The iZettle Reader costs 799 kr excl. VAT.
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Call us on: 21 95 92 66
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