Instead of taking a large cut from your payments, we charge you a flat monthly fee to use our software.
We forfeit our margin on your payments, and give it back to you as savings! It's a win-win!
Short answer:
The average fee is less than 2.3%
Long answer:
Well... it depends on the card being used.
We want to give you the lowest fee on every transaction. As such, we simply pass the fees from the card issuer on to you.
For some cards, your fee will be less than 0.5%.
For other cards, it might be as high as 2.9%.
We ran the numbers on allllll of the cards that have run through the Mallow platform, and the average fee comes out to less than 2.3%.
$2 flat
Whether you're getting paid $1,000 or $1,000,000, 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!
