Yes, our service fees are already VAT-inclusive. There will be no additional deductions for VAT-related charges to your business.
GiyaPay’s service charge includes a fixed transaction fee, MDR rates that vary depending on the gateway type(universal or individualized) you choose, and possible additional charges for add-on features you will activate on your Merchant Account.
Rates will vary depending on the volume of transactions. Any transactions that fall below one thousand per day (< 1000 / day) will fall under the standard rates of GiyaPay.
GiyaPay only supports PHP. Any transactions made from outside the country to the Philippines will be converted into Philippine Peso and may be subject to extra conversion fees.
Currently, GiyaPay can only process transactions for Philippine-based companies with Philippine IP addresses.
If a Payor were to pay while abroad to your company based in the Philippines with a Philippine-registered website, the transaction will be processed.
Any dollar denominated product will be automatically converted using the bank’s current conversion rate.
Websites will be validated by GiyaPay upon application.