SECPAY CHARGES

SECPay seek to offer the best combination of service, support and costs. Included in our charges are services such as SECTerminal as well as the back-up and support of all our developers.

Charging Structure

 

In most instances, SECPay use a combination of monthly service charges and transaction costs. The monthly service charge covers the need to support and service your account, maintain links for your merchant account open to the banking systems and ensure industry security standards are maintained. The transaction charge is for each successful transaction we process for you.

In order to identify the best deal for you, we recommend that you estimate the number of transactions you will process per month and the average value of each transaction and choose the right service for you from the following options:

Starter Packages

Starter 10 - No set-up Fee. £10 per month service charge that includes upto 100 transactions, after which each subsequent transaction will be charged at 39p.

Starter 20 - No set-up Fee. £20 per month service charge that includes upto 200 transactions, after which each subsequent transaction will be charged at 20p.

Starter 100 - No set-up Fee. £100 per month service charge that includes upto 1000 transactions, after which each subsequent transaction will be charged at 10p.

Premium Service

Premium 10 - £10 monthly service charge plus each transaction charged at 39p each.

Premium 20 - £20 monthly service charge plus each transaction charged at 20p each.

Premium 100 - £100 monthly service charge plus each transaction charged at 10p

There is a £50 (plus VAT) set-up fee for all Premium accounts

Broadly, the best choice of tariff for your business is determined by the number of transactions you are expecting to process each month and the average value of those transactions. The table below outlines the best choices in most instances:

Number of transactions per month	Monthly Service Charge	Cost per transaction
Below 60	£10	39p
Between 61-800	£20	20p
800 - 5000	£100	10p
5000+	Our Enterprise service may be more applicable please contact us

Premium+ Service

Premium + 10 - £20 monthly service charge plus each transaction charged at 39p

Premium + 20 - £40 monthly service charge plus each transaction charged at 20p

Premium + 100 - £200 monthly service charge plus each transaction charged at 10p

There is a £75 (plus VAT) set-up fee for all Premium+ accounts

Broadly, the best choice of tariff for your business is determined by the number of transactions you are expecting to process each month and the average value of those transactions. The table below outlines the best choices in most instances:

Number of transactions per month	Monthly Service Charge	Cost per transaction
Below 100	£20	39p
Between 101-1,600	£40	20p
1,601-5000	£200	10p

5000+

Our Enterprise Service may be more applicable please contact us

 

As merchants grow they will be able to change from a lower volume service to the higher ones (i.e. 10 to 20 or 20 to 100) without incurring an administration fee. Unfortunately it is not possible to reduce service levels without incurring the administration charge.

All charges are exclusive of VAT and are exclusive of the Acquiring Bank charges, to find out about charges from the major acquiring banks of an Internet Merchant Account click here

 

High Volume

SECPay do not publish their charges for higher volume merchants as we like to provide a detailed analysis based on the individual merchant profile and requirements. For details of charges for monthly transaction volumes exceeding 20,000 please click here

Charity rates available on request - info@secpay.com

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