Now that Socket has been available to the public for just over two months, we’ve had some time to gather meaningful feedback from our customers. We’ve received some great suggestions and have been hard at work adding new features and streamlining the setup process. One issue that was consistently brought up by customers was that our transaction fees were too high, which prevented companies with larger orders from using Socket’s online payment processing features. Well, we listened and have decided to lower our transaction fees across the board.

Our new transaction fees for each respective plan are as follows:

  • Battery2.0% 1.5%
  • Generator1.5% 1.0%
  • Tower1.0% 0.5%
  • Station0.5% 0%
  • Grid – 0%

Transaction fees only apply to payments processed through Socket. You will never be charged transaction fees for orders processed manually (e.g. via cheque, cash, wire transfer, etc.). For the full details of Socket’s pricing plans, please refer to our pricing page.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>