PAY2M fee Charter for Merchants
A description of charges, fees, timelines and customer grievances redressal mechanism for the proposed payment service.
![p25](https://pay2m.com/wp-content/uploads/2023/07/contactless-cashless-payment-through-mobile-banking-1.png)
Payment gateway fee structure
It may please be noted that generally PAY2M don’t charge any fee on the consumers rather they take fee/charges from the merchants we onboard. We do have standard fees structure but it is not necessarily that all merchants/entities will be offered/accepted the standard fee due to their category and volume. Therefore, we sign an agreement with all merchants/entities on agreed fee/charges along with other terms & conditions. The fee/charges structure is given below:
![p24](https://pay2m.com/wp-content/uploads/2023/07/Mask-groupas.png)
One time setup fees
![p21](https://pay2m.com/wp-content/uploads/2023/07/Mask-groupa.png)
Annual maintenance fees
![p22](https://pay2m.com/wp-content/uploads/2023/07/Mask-groupgf.png)
MID fees
![p26](https://pay2m.com/wp-content/uploads/2023/07/Convenience.png)
settlement fees
![p63](https://pay2m.com/wp-content/uploads/2023/07/Token.png)
Per Token Charge
![p14](https://pay2m.com/wp-content/uploads/2023/07/SAAADX.png)