AED2,500One-time fees POS Link based payment2
AED 5,000One-time fees ECOM2
AED2,500Annual fee waived off for ECOM business for limited timeAnnual Fees3
AED 99/MonthBusiness Insight Fee4
1. The Transaction Fee for our service is variable and determined on various factors,
including but not limited to the nature of business, annual turnover, product type
and card type. The specific Transaction Fee applicable will be agreed during the
merchant onboarding journey and defined in the Fee Schedule of the
Magnati – All Channel Merchant Agreement.
2. One-time Fees refer to cumulative charges borne by the merchant on a single occasion during the installation of the service. These charges encompass expenses related to hardware, integration costs and any other associated costs incurred during the installation process.
2. One-time Fees refer to cumulative charges borne by the merchant on a single occasion during the installation of the service. These charges encompass expenses related to hardware, integration costs and any other associated costs incurred during the installation process.
3. The Annual Fees amount is contingent on the specific product(s) requested by the merchant for processing payment transactions and is charged annually.
4. The Business Insight Fee is a recurring monthly charge for merchants which provides access to the Business Insight Report. This report is complimentary for the initial 3 months, and merchants have the flexibility to unsubscribe any time thereafter.
4. The Business Insight Fee is a recurring monthly charge for merchants which provides access to the Business Insight Report. This report is complimentary for the initial 3 months, and merchants have the flexibility to unsubscribe any time thereafter.