Variable Contract Terms
Paydoo does not disclose its pricing to the public, and there are no merchant comments that mention specific rates or fees charged by the company. As an e-commerce payment processor with multiple international banking partners, it’s likely that Paydoo rates and contract terms will vary dramatically depending on each merchant’s business type, location, and processing history. Currency conversions and a merchant’s designated settlement currency could also impact payouts from Paydoo. Paydoo does not appear to sell physical hardware, so it is unlikely that the company signs merchants up for long-term, non-cancellable equipment leases.
High-Risk, High Fees
High-risk merchants who sign up with Paydoo should expect to pay higher-than-average fees, and they may also be subject to cash reserves on their accounts. This is standard practice within the industry due to the elevated risk of chargebacks that many high-risk merchants pose. High-risk merchants can reduce their risk of fund-holds and chargebacks by being open and transparent with Paydoo about their business type and product lineup from the start.
No Red Flags
We cannot find any Paydoo complaints related to the company’s pricing, and there’s no reason to believe that the company’s merchants are dissatisfied with their pricing at this time. It is possible that Paydoo offers a wide range of potential contract types, so merchants should understand how to spot undesirable terms in their contract.
We also encourage merchants to check out our list of the providers of thebest merchant accounts.
