Updated time: Dec 25, 2023, 09:25 (UTC+03:00)
Transaction Processing Fee for all cards and payment methods: 5.9% + $0.35 for every USD transaction
Currency conversion fee: 0.5% for every Non-USD transaction
Refund fee: $0.35
Chargeback fee: $35.00 / dispute transaction
Reserved fund: 20% sale volume held in 60 days to cover potential refunds and disputes.
* Any cost incurred during the payout process will be borne by the merchant.
Set-up Fee: Free of charge
Maintenance Fee per Month: $50 (3-month Free of charge)
Minimum payout amount: $500.
The minimum payout amount is the remaining amount of the total transactions after removing all relevant costs.
Funds received through PayCEC payments will be transferred to the merchant's bank account on date 05th, 15th, and 25th as the following schedule:
Monthly Payout Date
From 16th to 25th
From 26th to 05th
From 06th to 15th
*The transaction date is the date on which the banking system records a transaction as successfully processed.
However, please note that the actual payout term can be affected by various factors such as the country you are operating in, the banking system, and any potential delays or holds imposed by PayCEC or the merchant's bank.
You accept that We shall have the right to set Rolling Reserve. The amount of Rolling Reserve depends on Our assessment of Your business risk level and will be calculated on Transactions basis, meaning that a portion of the final amount of every Transaction will be reserved by Us.
Percent and period of Rolling Reserve will be informed by PayCEC. You accept that during the period of Rolling Reserve You will not be able to use or access funds of Rolling Reserve.
We shall have the right at any time to set-off any Your Financial Liabilities from the available Rolling Reserve. After expiry of the period of Rolling Reserve, the remaining amount of Rolling Reserve not used by Us under this Agreement will be released and included in the next payout of Settlement Fund.
We shall have the right to unilaterally change Rolling Reserve conditions applicable to You based on Our assessment of Your risk level, including without limitation the case when You exceed the allowable Chargeback or Fraud Ratios or when Your sales significantly drop.
We may establish other types of security to be applicable to Merchants from time to time. We will notify You in advance of any financial security measures introduced by Us that may influence Your use of the Service
We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.
Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.
PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.