Peerwallet fees

for anyone who wants to use Peerwallet to collect payments, I thought I should give you a heads-up on their fees so you don't become startled like I did when I joined them. I received my 1st payment using their platform and the breakdown of the fees didn't tally. This what they sent but when I calculated, it wasn't adding up so contacted their support.

Transaction ID: #F92B7EXXXX
Merchant's Rate: 1.15%
Fixed Fee: $1.26​

They later told me the 1.15% I am seeing is actually 15% ridiculous to say the least. And the fact that you don't see any such info on their fees page makes it the more appalling. Now, I'm not even sure if they will bring up some mad rates for the withdrawal of the $500 security deposit!

This is Ridiculous

hunterupscale said:

This is Ridiculous

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you have Authorize account. do you mind if we work on a JV? you can send me a dm

i was about to send the $500 bitcoin.. until i read this

Jeffcc said:

i was about to send the $500 bitcoin.. until i read this

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maybe ask the support about the fees when someone makes payment because 15% plus some other fees is just ridiculous