MyPayNet has a simple fee structure. Businesses and groups pay a set-up fee and an annual renewal fee plus transaction fees.
The fees are as follows:
Set-up Fee $250 (limited time only)
Monthly Fee $24.99
Annual Renewal Fee $50
Transaction Fees:
Electronic check $0.65 - $2.00 per check depending upon average transaction size
Credit Card 2.69% + $0.30 per transaction*
* Some credit cards (such as corporate purchase cards and reward cards) carry a transaction fee higher than 2.99% + $.30 that is set by Visa and Mastercard. American Express cards carry a fee of 3.5%