There are no setup costs, minimum subscription terms or a set monthly cost to the club. PayZip charges a small fee only when an invoice is paid online. The fee consists of two parts:
Service Fee – This enables us to provide you with rock-solid reliability, comprehensive reporting tools to ensure you get your money as quickly as possible from your members, and a complete tracking solution to help you keep tabs on all your slow and non-payers.
Transaction Fee – This is a fixed cost set by Barclaycard, our card services provider.
We do not charge a fee if your members pay the club by cash, cheque or direct into its bank account via BACS - though you will have to manually record these payments in PayZip.
Fees that we collect allow us to run the PayZip system, to ensure that we achieve our goal of helping you get more money, more quickly from your members.
Please note: in line with the Payment Services Directive 2 (PSD2) legislation, your members are never charged anything extra for paying online by card - PayZip’s fees are deducted from the monies the club receives.