UPayCard is a popular payment processing option for businesses. Clients can easily receive funds, and process payments from their UPayCard accounts.
UPayCard is the trading name of Moorwand Ltd. UPayCard makes it possible for businesses to process remittances in a multi-currency format via an easy to use payments processing solution. The range of products and services available through UPayCard includes general business accounts, sponsor business accounts, and inventory accounts. The payment processing solution runs on technology powered by FinanceWide, and it meets with all industry-grade security standards according to PCI and SSL secured safety protocols.
SMS Services and Fees
UPayCard identification requirements are stringent, and complete customer details are required to process transactions. The mobile payment services include SMS notifications when UPayCard accounts receive funds, and SMS requests for things like recent transactions that have been conducted, or account balances. The fees levied on UPayCard services will vary according to the banking method used to fund the account. There are no fees on account creation, monthly maintenance, receiving money, sending money, online balance checks, online statements, or inactivity.
Withdrawals are subject to a minimum of €10 – €25 via bank wire, €3 for Visa and MasterCard, and 1% for Bitcoin. For all deposit options, fees will vary between 1.2% and 7% depending on the deposit option used to fund the account. The shipping and handling fee for a physical UPayCard card is €9.95, and a fee of €3.5 is levied on ATM withdrawals. The minimum withdrawal amount is €10, and the maximum withdrawal in a 24-hour time slot is €900. Weekly withdrawals are limited to €6,300 with the UPayCard.
