Transaction costs
Transaction costs
Paylando has a slightly different setup compared to when you buy other payment terminals. With terminals from Paylando, you receive payments periodically with a delay of 1-2 banking days. We help you bring down the transaction fee with the bank, and for most it lands at about 2% for a typical transaction. Unbeatable!
Process to get approved
We help you through the process to be approved by our bank partner Elavon.
Comparison
It is tricky to make a direct comparison with other payment terminals because they often do not publish their fees until you are a customer. In addition, transaction fees are often dependent on individual price limits, which means that certain assumptions need to be made. With Paylando, there are as few intermediaries as possible, which is noticeable on the bottom line in increased earnings for you.
We do a calculation example with one of the other major players where we assume typical fees of SEK 150/month per payment terminal + SEK 56 (€5 bank fee) per month. Transaction fee 1% + extra 4% up to SEK 20, 3.5% between SEK 20-40 and 3% over SEK 40.
Say you have two payment terminals with a total turnover of SEK 20,000 per month. Per terminal, 222 purchases of goods costing SEK 15/piece, 111 purchases of goods costing SEK 30/piece and 67 purchases of goods costing SEK 50/piece are made. The monthly cost will be SEK 1,256.
If we compare with Paylando, assuming an average transaction fee of 2%, then the same monthly cost will be SEK 1,000. This means that you save SEK 256 per month or SEK 3,672 per year.
