“Nothing in this world worth anything is ever free…” – unknown
In order to provide you with the safest, easiest and most convenient services possible, PISTOLPAY earns a small transaction fee for providing the financial intermediary services in each transaction. The fee charged by PISTOLPAY will be split equally between the buyer and seller in a sale transaction. As such, a buyer will have their credit card, debit card or bank account charged with the transaction amount, plus the buyer’s share of our fee. Likewise, the seller in a transaction will receive the transaction amount, less the seller’s share of our fee. Since PISTOLPAY’s transaction costs vary depending on the type of payment made by the buyer in a transaction, and because PISTOLPAY is committed to provide its users with the best lowest transaction costs possible, the fees charged to the buyer and seller by PISTOLPAY in a specific transaction will fall into one of the following two categories:
Credit and Debit Card Transactions:
For transactions involving payments made using a buyer’s Credit Card or Debit Card (MasterCard, Visa, Discover and American Express based payments), Pistol Pay will charge the buyer 2.7% of the transaction value, and will charge the seller 2.7% of the transaction value.
ACH Transactions [NOT AVAILABLE AS OF THIS MOMENT]:
For transactions involving payments made using an Automated Clearing House (ACH) direct debit transfer from the buyer’s checking or savings accounts, PISTOLPAY will charge the buyer 1.6% of the transaction value, and will charge the seller 1.6% of the transaction value.
For more information about our fees, please review the PISTOLPAY User Agreement and Terms of Service, link is located at the bottom of this page.