No longer applicable **Charges are now performance based**
Our processing charges are calculated on each top up transaction using an incremental scale.
Example figures only
Take the following example incremental scale...
| Charge Rate | Credit Threshold |
|---|---|
| 25% | 0 - 1,000 |
| 20% | 1,000 - 5,000 |
| 15% | 5,000 - 100,000 |
In this example a top up of £2000 would be calculated as follows
£1000 @ 25% = £250
+
£1000 @ 20% = £200
= £450
VAT is applicable on processing fees.