There are no set up costs, ongoing fees or lock-in contracts. Merchant service fees are charged per transaction and is generated dependent on the assessment of your business. You’ll find out your merchant service fee on approval. It’s free to sign up and give Zip a go for your business.
The merchant services fee is deducted from your total disbursement amount before the funds are sent. The rate of this fee is determined during the application process, as it's specific to each merchant.