Starting from 0% for local bank transfers, 1.8% for local payment options, and 3.5%+USD 0.5 for card transactions for non-high-risk industries. No fees for account opening, and no tiers or caps.
Below is a comprehensive breakdown of Omoney's transaction and settlement fees to provide clarity on the costs associated with various transaction types and services:
Fee Type | Amount |
Transaction Fees* | |
Local Bank Transfers | 0% |
Local Payment Methods (APMs) | 1.80% |
Cards (for non-high-risk industries) | 3.5% + USD 0.5 |
Settlement Fees | |
Local Currency Settlement (< USD 1,000) | USD 5 |
Local Currency Settlement (> USD 1,000) | Free |
Wire Transfer Settlement (< USD 10,000) | USD 35 |
Wire Transfer Settlement (> USD 10,000 USD) | Free |
Refund Fees | |
Refunds on APMs | USD 1 |
Refunds on Cards | USD 2 |
Dispute Fees | |
Card disputes | USD 15 |
Add-ons | |
Authentication Fees | USD 0.2 |
3DS Authentications | Included |
Predispute Alerts | USD 15 |
FIRC for Indian Customers | USD 4 |
*for non-high-risk industries