PayBev™ transaction fees
Updated | July 2022
TRANSACTION FEE GUIDELINES
PayBev has guidelines for how program investments and expenses are processed through the financial platform. In some cases, additional fees may apply.
INVESTMENT PROCESSING FEES
Program investment fees are processed according to the rate stated in your promotional services agreement. The minimum process fee does not apply to accounts that have fixed monthly fee agreements.
Minimum Process Fee $100 per invoice OR 50% of the invoice amount (WHICHEVER IS LESS)
Cancel Invoice Fee $100
Minimum Invoice Amount $50
PROGRAM EXPENSE SERVICE FEES
Standard Payments Incl.
Rush Payment Fee $50
Wire Payment Fee $50
Cancel Payment Fee $50
Vendor Payment options and timelines
Standard Payments are sent by mail, EFT or credit card (based on vendor’s payment options). They are typically paid or delivered within 3-5 business days of the approval of the request
Rush Payments are guaranteed to be paid or delivered within 48 hours of the approval of the request (not including weekends or holidays). Rush payments carry a $50 fee that is added to the transaction
Wire Payments are guaranteed to be sent within 24 hours of the approval of the request (not including weekends or banking holidays). Wire payments carry a $50 fee that is added to the transaction
Any Payment that is cancelled, returned or requires reissuing (based on the vendor information submitted in PayBev™ or on the invoice) will carry a $50 fee that will be added to the transaction
We are not responsible for any additional costs or penalties associated with late payments
Program expense reimbursements to the client are NOT permissible,
please reach out to your account manager for alternative options