Understanding RedotPay Transaction Fees

RedotPay offers competitive fees for various transactions. Here’s a breakdown to help you understand and manage your costs.

Breakdown of Fees

1. USD Transactions: RedotPay charges a 1% fee for transactions conducted in USD.
2. Non-USD Transactions: For transactions in other currencies, the fee is 2.2%.
3. ATM Withdrawals: ATM withdrawal fees depend on the local ATM provider, in addition to RedotPay’s fees.
4. No Annual Fees: RedotPay does not charge annual or maintenance fees for the physical card.

How Fees Are Calculated

• Transaction Amount: Fees are a percentage of the transaction amount. For example, a $100 USD transaction incurs a $1 fee.
• Currency Type: Different fees apply based on whether the transaction is in USD or another currency.

Tips for Minimizing Fees

• Use USD for Transactions: Whenever possible, use USD to benefit from the lower 1% fee.
• Limit Non-USD Transactions: To minimize costs, limit transactions in other currencies or use USD whenever feasible.

Exclusive Discount Code

To further reduce costs, use the discount code PRODUCTHUNT for a 20% discount on your RedotPay physical card application. Visit ph20off.com for more details.

Manage your transaction fees efficiently with RedotPay!