Increasing Limits for High Volume Merchants 

Paymate provides clients an ability to receive credit card payments online, with a limit of $5,000 per month with a Standard Account.

We also offer our eBusiness Account with a default 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 we can approve a higher limit if you satisfy our risk assessment. 

Prerequisites for a Limit Increase

Some prerequisites are:

• You must operate a Paymate eBusiness Account;
• You must demonstrate a track record of receiving online payments for at least 3 months;
• Your account must be in good standing with no buyer complaints, charge-backs or a large number of refunds.

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 history of online payments 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.  

Since conditions vary from country to country, we can provide more information on requirements when you apply for a limit increase.

Special Terms & Conditions

Both Paymate and our bank may impose special terms and conditions for receipt of payments with an increased limit.  These may include a Reserve Account where we hold a security deposit against potential chargebacks. You may also need to execute additional merchant agreements.

Limit Review Application

We charge a fee to process your application for a limit increase, since we incur costs in external services and review of your account.  This fee is NON-REFUNDABLE and is not a guarantee that your application will be approved.  Please consider the information you may be asked to provide to support your application, as described above, before you make this payment for a limit review.

Current fees are: 

• AUD 30.00 + GST for Australian clients
• NZD 30.00 for NZ clients
• USD 30.00 for US clients

To make a payment, please click on the Pay Now button below and use the email and address registered with Paymate so we can identify your account.  You will need to use a credit card to make the payment.