How do the fees for MintEFT compare to the rates offered by other payment providers?

Mint charges a subscription fee of $15 per month, and a transaction fee of $2.10* per receivable and zero ($0)* per payable. We understand other providers may not charge a monthly subscription fee but will apply transaction fees for both receivables and payables.

By way of comparison:

MintEFT*

  • $15 monthly subscription
  • $0.00 on Payables
  • $2.10 on Receivables
  • Assuming you process 65 transactions in a month (63 payables and 2 receivables), your monthly cost would be $19.20

Other Provider

  • No monthly subscription
  • $0.50 on each transaction (both payables and receivables)
  • Assuming you process an average of 65 transactions in a month (63 payables and 2 receivables), your monthly cost would be $32.50

Using MintEFT would save you $13.30 for the month.

*This example is based on MintEFT (Standard only) pricing.

If you are not satisfied with the fees outlined or have a better rate from your existing provider, reach out to our team to discuss this.