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:
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 brand on to you. In the payments world, they call this "Interchange+ pricing".
For some cards, your fee will be less than 0.5%.
For other cards, it might be as high as 2.9%.
The average fee between all of the cards that have run through the Mallow platform is just below 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!
Mallow is available to businesses that are legally registered in the USA and Canada, and in good standing.
