Fees & Top-up
Free Transaction Limit Initial Free Limit: Upon joining PayMin, each merchant can process up to $15,000 USD worth of cryptocurrency transactions without incurring any fees. This risk-free entry point allows merchants to explore the platform and its features, enabling them to become familiar with the service before committing to transaction costs.
Fee Threshold Beyond Free Limit: After surpassing the $15,000 threshold, a tiered fee structure is implemented, rewarding merchants for higher transaction volumes.
Tiered Transaction Fees Base Fee Rate: PayMin charges a competitive base transaction fee of 0.4% on each transaction processed beyond the free limit, making it an attractive choice for businesses.
Tiered Discounts: PayMin provides additional incentives for larger merchants through fee reductions based on total transaction volume:
$50,000 to $100,000 USD in transactions: 0.35% fee
$100,000 USD and above: 0.30% fee
By offering a flexible fee structure and initial free limits, PayMin aims to support merchants as they transition to accepting cryptocurrency payments, enhancing their experience while optimizing their cost structure. This approach not only encourages usage but also promotes growth within the platform's ecosystem.
Top-Up Options
Merchants can easily top up their PayMin accounts using a variety of cryptocurrencies, including:
USDT (Tether)
ETH (Ethereum)
BTC (Bitcoin)
PYMN (PayMin Token)
LTC (Litecoin)
XRP (Ripple)
BCH (Bitcoin Cash)
DOT (Polkadot)
LINK (Chainlink)
SOL (Solana)
ADA (Cardano)
TON (Toncoin)
And many more
This diverse range of cryptocurrencies enhances the flexibility for merchants, allowing them to choose their preferred option for topping up their PayMin accounts.
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