FencyPay Merchant Pricing

What are the costs?


$19/month to be on the network            
  • We provide basic signage to merchants
  • Promote active businesses on the network
  • We do all promotion to consumers and push them shop at merchants
  • Customers use The Plaza to figure out where to spend their rewards next
  • They may visit a store that's new...or return again to their favorites 
Merchants get billed for their half of the bonuses ONLY THE FIRST TIME            
  • Merchants where the reward is issued pay half of the bonus (currently 2.5%)            
  • When the bonus is used and transferred to a merchant, that receiving merchant pays the other 2.5%        
  • Once FencyCoins have been redeemed by the first merchant, they are fully paid-for and remain moving around the network between customers and merchants at no cost. Coins in the merchants wallet get used to reward customers instead of creating new ones and being charged for them.
When will I get billed?            
  • We process invoices on the 5th of every month
  • Invoices due by 15th of that month
  • We will prorate the first month you sign up and generate the first fill the second month. When you sign up this month, we won't send your first invoice until the 5th of next month which will include:
    • The prorated amount of the $19 for the first month
    • The full $19 of the second month
    • The accumulated Earnings/Redemption charges from the first month you signed up (see example of charges)
When merchants have us dispose of coins in exchange for USD, we charge a 6.5% fee to redeem them.

This means if enough rewards are earned in a certain area and don't migrate, the merchants are only paying their monthly fee and not very much in covering more bonus costs because there are so many in their area already paid for and don't leave the network. You've basically built a community currency that moves around with NO TRANSACTION FEES which also cannot be hoarded or relocated to another city, state, or country!

 Sign up to become a merchant