Carmen James - 6th Sep, 2023
Our highly predictable, transparent and aggressive fee structure, typically saving merchants more than 90% on transaction fees is a simple, secure alternative to debit and credit cards. It also includes instant settlement.
Wonderful charges just 1p per transaction for instant bank payments, with zero percentage fees. This is highly competitive when compared with the costs associated with debit and credit card transactions, or other payment providers such as PayPal as illustrated in the video below:
The majority of payment services have both a pence per transaction (PPT) cost AND a percentage of transaction value (PTV) element. With a single 1p per transaction fee, Wonderful's model is not only transparent and predictable, but will save most merchants more than 90% on payment processing fees. This is based upon published data on UK average basket values and SME revenue / order volumes.
You'll need to subscribe to one of our monthly plans:
Small Business Plan: £9.99 per month / 1,000 transactions.
Professional Plan: £49.99 per month / 5,000 transactions.
Any transactions outside the included amounts are also charged at just 1p per transactions.
To see how much you can save, why not try our interactive cost saving calculator right away?
To get started, take a look at the UK banks supported by Wonderful.
