Instead of taking a large cut from your payments, we charge you a flat monthly fee to use our software.
Since we know how much our business will make each month, we forfeit our margin on your payments, and give it back to you as savings! It's a win-win!
We do not charge a fixed-rate fee for card transactions. Instead, we pass the fees from the card issuer on to you.
If it costs 0.5% to process your client's card, that will be your fee.
If it costs 1.7% to process your client's card, that will be your fee.
If it costs 2.9% to process your client's card, that will be your fee.
And so on.
The average fee across all the different types of cards is less than 2.3%.
$2 flat.
That's it.
Whether you're getting paid $1k or $1m, the fee on a bank transfer does not increase.
Yes!
With Mallow, you can set your clients up on a subscription with a credit/debit card or a bank transfer.
First, select a template from our contract library (or upload your own).
Next, edit the template to include client and project details.
Finally, send the contract directly to your client to collect eSignatures.
Done!