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TeleMoney EasyPay e-Payments Gateway

telemoney website integrationBase Fee Schedule

One-time set-up fee*: S$400
Annual Maintenance**

: S$600 (1st Year)
  S$500 (2nd Year)
  S$400 (3rd Year)

  1. Internet Credit Card : Amex, JCB, Visa, MasterCard
  2. Internet Credit Card with 2 factor security : Amex, JCB, Visa, MasterCard
  3. Giro On Demand : All Bank Accounts in Singapore
  4. eNets Internet Banking : DBS, UOB and Citibank
Security Deposit: Please see Appendix A for list

* Other than the standard integration module, S@W does provide customized integration to cater for merchants’ specific needs. For customized integration module, a separate set-up fee will be quoted.
** Annual Maintenance Fees are based on a single currency of merchant’s choice. Multiple currency requests may be subjected to additional annual costs.

Transaction Fee Schedule

 Gold Rate****Standard Rate
Visa / MasterCard Discount rate3.0% + $0.50 per trx3.5% + $0.50 per trx or 3.8% per trx
JCB Discount rate (upon request)4.0% + $0.50 per trx4.5% + $0.50 per trx
Amex Processing Fee(upon request)0.5% per trx1% per trx
Diners Processing Fee (upon request)0.5% per trx 1% per trx
TeleGiro Bank Account Debit
(Giro On Demand from all banks)
Minimum of S$0.50 or 1% per trx.,
whichever is higher
 
eNETS Internet Banking Account DebitMinimum of S$1.30 or 2.2% per trx whichever is higherMinimum of S$1.50
or 2.5% per trx
whichever is higher
EZ-link OnlineMinimum of S$0.30
or 4.5% per txn,
whichever is higher
 

**** Gold Rate is based on the average per month sales transactions of $100k for credit cards and $10k for Internet Banking over a 3 months period.
All merchants will enjoy the Gold Rates for the first 6 months and adjusted accordingly on month 7 where appropriate.

TeleMoney EasyPay e-Payments Gateway Fee Rates Schedule

Appendix A

Security Deposit Breakdown*

Monthly Transaction Volume RangeRequired Security Deposit**
Less than $3,000
$500
$3,000 to $5,000
$1,000
$5,000 to $10,000
$2,000
$10,000 to $15,000
$3,000
$15,000 to $20,000$4,000
$20,000 to $25,000$5,000
$25,000 to $30,000$6,000
$30,000 to $35,000$7,000
$35,000 to $40,000$8,000
$40,000 to $45,000$9,000
$45,000 to $50,000$10,000
$50,000 to $55,000

$11,000
$55,000 to $60,000$12,000
$60,000 to $65,000$13,000
$65,000 to $70,000$14,000
$70,000 to $75,000$15,000
$75,000 to $80,000$16,000
$80,000 to $85,000$17,000
$85,000 to $90,000$18,000
$90,000 to $95,000$19,000
$95,000 to $100,000$20,000

  • All figures stated above are in the currency the Merchant is transacting in.
  • For amounts above $100,000, a separate evaluation will be done for the security deposit requirements.
  • Security Deposit required will be based on estimation of monthly Volume before the service begins, and reviewed every three months.
  • Merchant will be debited/credited according to the monthly transaction volume scale.
  • Minimum deposit required is $500.
  • * Security Deposit is compulsory for Merchants signing on with DBS Bank as their acquirer.
    ** This security deposit is refundable to merchants after 6 months upon termination of services.

     

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