Increasing Limits for High Volume Merchants Paymate provides clients an ability to receive credit card payments online, with a standard limit of $5,000 per month.
We can now offer our eBusiness Account which allows a monthly limit up to $10,000. This account has a monthly subscription fee which is debited to the bank account you registered in advance and is non refundable. Some sellers may need higher limits and are in a position to qualify for such. We recommend you start trading with the normal limits offered by Paymate to establish a track record. When you do require a limit increase you can apply via email to
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au.
Additional information that we may ask you for to approve a limit increase: - The nature of your business and products and services sold online.
- Countries from which you expect to receive payments.
- Average dollar value of payments you expect to receive.
- Monthly dollar value of payments you expect to receive.
- The maximum period between when you receive payment and when you ship your goods or deliver services.
- Financial statements about your business.
- Trade References.
- Your track record with Paymate or other payments provider.
Paymate does not guarantee that all applicants will be granted increased limits, which may need to be approved by a financial institution.
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