How are ProPay’s fees deducted?
Fees are automatically deducted from the amounts processed. For example, let’s say you need to process a MasterCard card for $10.00 using your ProPay Premium Account. This transaction would cost 3.25% plus a $0.35 per transaction fee. The total amount deposited into your ProPay Account would be $9.32. Fees for outgoing transactions are deducted directly from your ProPay Account balance, or the balance that you’re transferring. Other incidental fees are deducted from the available balance in your ProPay Account. The first year’s annual fee is to be paid by debit or credit card or a personal check. Subsequent annual fees can be deducted from your ProPay Account balance or your credit or debit card.
