Did you know that you can switch between the PayHere packages at any given time?
PayHere has three Fee Packages. The names of the packages are as below.
- PayHere Lite
- PayHere Plus
- PayHere Premium
Here is a comparison of the three fee packages.
The percentages seen are charged per transaction.
For example in the PayHere Lite package; if a customer pays with a MasterCard, 3.30% of the payment value will be charged as the card processing fee and the remaining amount will be received by the merchant to the business bank account registered with PayHere.
If the customer pays with the HelaPay payment method, 1.99% of the payment value will be deducted as the HelaPay processing fee and the remaining amount will be received by the merchant to the business bank account registered with PayHere.
The service fees per month are charged based on billing months; not calendar months.
The service fee is only applicable to the Plus and Premium packages.
For example, if the merchant activated the Plus package on the 15th of March, the package will not expire on the 31st of March; rather it will be active until the 15th of April. The merchant can decide to stay in the package or switch to a different one.
Please refer to the information below on fees as well.
Premium Card-Brand Fees
Let your premium customers pay through their premium card brands; American Express, Discover and DinersClub, for just a 0.5% additional fee above the standard payment processing fee of your active plan.
Cross-Border Foreign Currency Fees
Accepting payments in foreign currencies will incur a 1% additional fee above the standard payment processing fee of your active plan. The amount will be converted to LKR at the bank exchange rate and settled in LKR.
Different types of payment methods
Let your customer select the method they prefer to pay you.
Accept payments from Visa, Mastercard, American Express, Discover, DinersClub, HelaPay, ezCash, mCash, Sampath Vishwa, Genie, Frimi, ComBank Q+ and LOLC iPay.
No Setup Fees, Affordable Plans
Setting up a PayHere Account is absolutely FREE. After setting up you can select the right service plan for your business need. PayHere Plus is the most popular plan type, but if you are new, you can start with PayHere Lite and upgrade later on.
Upgrade or Downgrade your plan at anytime
Start with any plan and change your plan at any time from the PayHere Merchant Portal to suit your need. Each plan comes with its own fees, benefits and limits. For example, if you start with the Plus package, you can upgrade to the Premium package during peak months and then downgrade back after the peak season is over.
Recurring Billing and Automated Charging Fees
Empower your business with innovative business models such as Recurring Billing (subscriptions) and Automated Charging (Preapproved Payments) without any additional fee.
Interested in knowing more about PayHere?
0 Comments