No, when a shopper checks out from your website with Simpler, the transaction fees applied are only those relevant with Simpler (1.3% + 0.20p). This happens because when shoppers pay with Simpler, the transaction goes through Simpler’s payment processing partners, honouring all the PCI / DSS protocols relevant to transaction security. So, the transaction fees mentioned above are all-inclusive.

At the moment, Simpler can work on top of your existing payment methods. This means that you can keep your existing payment methods and use Simpler as well. Customers who check out via Simpler can use any payment method supported by Simpler (e.g. payment with a card).

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In case you need us to support any additional payment methods or have more questions about them, we would be happy to hear from you.

All processed amounts that go through Simpler are gathered in your secure wallet, under your business account that is created by our payment processor partner.

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Payouts from that wallet can be executed either on a daily or a weekly basis (according to your preference). The payouts are passed via a wire transfer to the bank account number that you will provide us with.

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For every payout, there is a flat processing fee of €0.50 for EU/EEA and £0.50 for the UK. No other fees related to the amount of the payout exist.

For the cases that belong to those categories, the following additional fees are applied to the UK region:

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• 1.00% + £0.20 for transactions with commercial cards issued within the UK
• 1.50% + £0.20 for transactions with any cards issued outside of the UK
• 1.5% fee applies to multi-currency transactions for major currencies