ePayService is an e-Wallet based payout solution.
Setting up an ePayService virtual account does not cost you anything. ePayService will automatically ship you a new MasterCard card for free in 10-30 days.
If you choose to use the MasterCard option, after the first year, your card will have a yearly cost of $25. Withdrawing money from your MasterCard card at an ATM costs $1.50 / €1.50 per transaction. The cards are issued by PSI-Pay LTD (UK) and have a daily ATM & POS spend limit of $10,000 / €10,000.
The daily limit for ePayService MasterCard®:
Standard – 25 transactions.
Premium – 50 transactions.
If you choose the bank transfer option, you will be able to transfer funds from your virtual account to your local bank account. If your bank is in the United States, each deposit will cost $3. You can also transfer local currency payments worldwide, for a cost of $20 to $40 / €20 to €40, depending on the country of your bank. Local currency payments are available in Brazil, Bulgaria, Canada, China, Columbia, India, Japan, Malaysia, Philippines, Poland, Romania, Russia, Thailand, UK, Vietnam, Argentina, Dominican Republic, Egypt, Guatemala, Indonesia, Jamaica, Kenya, Mexico, Sri-Lanka, Venezuela.
All payments are sent in USD or EUR from our side, the FX of local currencies is applied by ePayService.
If you choose to receive your funds from ePayService on a paper check, the shipment of the check will be free and available in the United States only. These checks can be cashed in check cashing facilities as well as deposited into your bank account. If you do not receive the check on the payout date, it is advised to wait a couple of days since sometimes checks arrive to the address with a delay. In case you do not receive the check in reasonable time, you may ask to cancel the check which costs $20.
If you choose to receive your payment to any 3rd party MasterCard or VISA card, the funds will be credited to your card in its currency at issuing bank’s applicable rate. If the transfer amount is below $500, the fee will be 1.95% + $3, while transfers above $500 will cost you 1.95% + $6. This feature is available for USD payouts only.
You can read more about ePayservice here.