A complete overview of the standard pricing for various countries is listed on the website.
The pricing is not included in the contract because we use the same template across all European markets, and the prices may change over time.
If you already have a Settle Merchant agreement, you can find the specific pricing in the Business portal under "Terms" - "Commercial" section.
How does it work?
When a customer pays your business with Settle, the transaction amount is collected by Settle from the client. Then we remove the agreed transaction fee and pay out the net amount to the bank account of your business at the agreed settlement interval.
- The client pays € 10
- Settle collects the funds and charges the business 1.5% in transaction fee (€ 0,15)
- Settle pays out € 9,85 to the bank account of the business
Payment services are not subject to VAT. So there is no VAT on our transaction fees.