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Understanding your monthly bills (gross settlement)

If you’re on gross settlement, you get your full payouts and receive a clear monthly invoice that breaks down your fees.

Updated over 2 weeks ago

What’s on your monthly invoice

Device rental

Charged monthly in advance.

For example: your 1st June invoice covers your June rental.

Transaction fees

Charged in arrears for the month just gone, with a full breakdown of volume and fees.

For example: yours 1st June invoices covers transaction fees across May.

Additional commitments top-up (if applicable)

If your total volume doesn’t meet your agreed minimum, we may add an additional fee to the invoice - customers would have agreed to this commitment when they signed their contract.

Other fees

Any extras—like chargebacks and payouts—will show up in your monthly bill for the period they happened.

Payment timing

  • Invoice sent: 1st of each month

  • Card payments: charged on the 2nd

  • Direct Debit: collected within 5 working days

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