Merchant Rates and Fees

Rates and Fees associated with a Merchant Account

Merchant Fee Schedule

Effective as of 1st June, 2022

Rates and Fees

DESCRIPTION

MERCHANT

AGENT

EFTPoS SERVICES

Monthly GPRS Rental (Single SIM/Dual SIM) K50 Free
Early Termination Fee (per Merchant Facility terminated) Free Free
Customer Deposit N/A Free
Customer Withdrawal N/A Free
Damaged/Stolen Terminal Fee Free N/A

SERVICES PER TRANSACTION

BSP Local Issued Cards 1% N/A
BSP VISA Cards 1% N/A
Other Bank Local Cards 1% N/A
Other Local Bank issued VISA/Master Cards 2.50% N/A
Foreign Issued Cards 2.50% N/A

INTERNET PAYMENT GATEWAY (IPG) SERVICES

BSP VISA Cards 2% N/A
Other Local Banks Cards 2.50% N/A
International Cards 2.50% N/A

BSP PAY SERVICES

Micro SME K0.25 N/A
Corporate 0.80% N/A
Government 0.80% N/A

MOBILE MERCHANT

BSP Mobile Merchant Free Free
BSP School Fee Merchant K0.50 Free
Billpay K0.50 K1.00

KUNDUPEI

BSP Account K0.50 N/A
Other Banks Account K0.50 N/A

Card Daily & Transaction Limit on EFTPoS

CARD TYPE

DAILY LIMIT

TRANSACTION LIMIT

KunduCard K10,000 K10,000
VISA Debit Card K15,000 K15,000
Sumatin Card K10,000 K10,000
Kids Savings Card K15,000 K15,000

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