Fees for Merchants
Merchants pay a monthly transaction fee of 1% of the funding amount per funding event (once a month on the first Monday), capped at $6.00 per funding event.
Merchants will also pay an annual fee of $5 for each affiliate that has earned $600 or more. This fee is for the filing of a 1099 form.
Important Note: If the ACH request to fund a merchant’s digital wallet is returned due to insufficient funds or a banking error from the merchant’s side, there is a $25 fee.
Fees for Affiliates
The fee for affiliates depends on their location in the world. For affiliates located domestically in the US, they will pay a $1.00 payout fee when withdrawing funds from their Unified Payments Wallet.
For affiliates located internationally, they will pay a $1.00 + 3% of the withdrawal amount payout fee when withdrawing funds from their Unified Payments Wallet.
If you have a verified payout method connected and if you have funds sitting in your Unified Payments Wallet for 30 days after a merchant sends you a commission payment, then Dots will automatically transfer those funds from your Unified Payments Wallet to your preferred payout method.
Please Note: When manually withdrawing funds from your digital wallet using either PayPal or Venmo, affiliates have a withdrawal limit of $1,000 USD per 24 hours.
While we expect this to be infrequent, there may be a one-time identity verification fee of $3.00 for a manual ID verification process. This is only necessary in the unlikely occurrence that the affiliate has a name that appears on the US Government sanctions list.