Credit card fees depend on card used

Credit card fees are dependent on the card used by your client.
This means the cost of the transaction is not known until after the card has been charged.
Typically, cards with high reward programs come with higher fees, while basic cards come with lower fees.
Paynode passes down the costs of every credit card transaction, so Paynode members can have the lowest costs possible.

American Express US - Fixed rates within tiers

The rate applied to a transaction depends on the amount of the transaction and the card type used.

Card Type / Transaction Amount	Transaction amount up to $19,999.99	Transaction amount from $20,000.00 and above
Consumer Card	3.49%	2.99%
Corporate Card & Small Business Card	3.79%	3.29%

On refunds, the American Express fee will be reversed except for .2%.
For companies with annual card volumes above $2,000,000, additional discounts are available.
For American Express cards issued outside of the United States, an additional .60% is added.
American Express card acceptance is only available to US registered Paynode members.

Click here to see the Amex fee schedule. You must be logged into Paynode to see the content of this page.

Visa and Mastercard - Variable rate, based on card type

Visa and Mastercard fees are dependent on the card used
The total cost for a Visa or Mastercard transaction cannot be calculated until the card is charged because the cost varies depending on card type.
For Visa and Mastercard, Paynode charges 0.70% + Interchange and Processor Fees

Visa and Mastercard historical averages

Below are approximate average costs our members have seen, based on historical card charges. This information is provided as general guidance and does not guarantee future card costs. Certain cards may have higher or lower costs than those shown here.

Card Type	US Based Members	EU Based Members
Domestic issued cards	3.41% to 3.47% US issued cards	1.74% to 1.85% EU issued cards
Foreign issued cards	4.19% non-US cardholder	3.64% to 3.70% non-EU cardholder
Average for domestic and foreign issued cards combined	3.58% to 3.60%	2.15% to 2.25%

Paynode Fees

Pay as you go.
No fee to sign up.
No subscription costs.
No monthly balance minimums.

✔️ Included in your Avinode or Schedaero membership

✔️ Flat fee to send payments, starting at $5 / €5 (Waived through 2022)

✔️ No monthly or yearly Currency Account fees

✔️ No fee to send funds to your own bank account

✔️ No fee to make FX conversions

✔️ No fee to receive payments (Except for credit card payments)

✔️ Percentage fee based on card type for each credit card payment

(Credit card fees are dependent on the card used.)

Paynode Fees Schedule

This Paynode Fees Schedule sets forth the amounts Sub-Merchant pays to Paynode for each Payment Transaction processed through the Payment Platform, effective as of June 7, 2021 (“Effective Date”). Capitalized terms not otherwise defined herein have the same meaning as defined in the Paynode General Terms and Conditions.

American Express Discount Rate for US Sub-Merchants

Card Type / Transaction Amount	Transaction amount up to $19,999.99	Transaction amount from $20,000.00 and above**
Consumer Card	3.49%	2.99%
Corporate Card & Small Business Card	3.79%	3.29%

**Subject to cap on credit card transaction amounts
An additional .60% is added to the Discount Rate for American Express cards issued outside of the United States.
In the event of a refund, the American Express fee will be reversed except for .2%.
American Express card acceptance is only available to US registered Paynode members.

Visa and Mastercard Discount Rates

Payment Type	Discount Rate
Visa Card	Interchange & Processor Fee + .70%
Mastercard Card	Interchange & Processor Fee + .70%

In the event of a refund, some of the above fees will be partially reversed. The Sub-Merchant will be responsible for paying all remaining fees.

Additional Fees

Payment Transaction Type	Fee
Send Instant Payment	*(Waived through 2022)*
Receive Instant Payment	Free - no fee
Send Beneficiary Payment to Sub-Merchant's Own Bank Account ('pay yourself')	No Fee when sent as "Regular" ** 25 USD/EUR* when sent as "Priority" (SWIFT)
Send Beneficiary Payment to 3rd Party bank outside of Paynode	5 USD/EUR* when sent as "Regular" 25 USD/EUR* when sent as "Priority" (SWIFT) *(Waived through 2022)*
Receive wires and bank transfers	Free - no fee
FX Conversion	Fee is included in the FX rate
FX Conversion Cancellation	10 USD/EUR* + Conversion loss amount (if applicable)

*Currency is determined by the registered country of the Sub-Merchant.
** "Regular" will send the payment via local payment methods, such as ACH, SEPA or UK Faster Payment.

“Discount Rate” means the percentage deducted from the Payer Funds in order to calculate the Sub-Merchant Funds.

“Interchange” means the fees changed by the Scheme Owner and the Card issuing bank, based on the Card used by the Payer.

Paynode can change Discount Rates at any time in its sole discretion, provided that such change will not be effective until the date that is 30 days after Paynode has notified Sub-Merchant of such change.