PEXPAY UPCOMING CHANGES IN 2014

Updated: 01/24/2014 18:02
Hyip Monitor
PexPay has informed members of upcoming changes, which are going to happen in the year 2014.

PexPay has informed members of upcoming changes, which are going to happen in the year 2014. Among the rest new funding options will be included, new website design, a merchant listing section, explaining ways for merchants to advertise directly to PexPay users. This list is not limited with the features given above. There will be more, and the main reason for the e-mail sent to customers is to keep them updated. Important update is that starting from February 1st there will be changes to current fee structure for verified accounts. The changes are due to cost of business, and fees associated with different transactions from the financial institutions that we work with. Below is a list of the new fee structure:

Main Account Fees:
Monthly Service Fee: Free
Send Money: Free
Receive Money: 1.99% +0.24
Funding Your Account:
Bank Wire 20.00
ACH 2.99
Check 1.99
Withdraw From Account:
Bank Wire 50.00
ACH 3.99
Check 7.99

There are big news for unverified customers as well. The new feature is going to be added by the end of March, which will let the unverified customers to receive/transfer up to 750.00 per day from their account to another PexPay account. However many withdrawal and funding options will still be unavailable until you get your account verified. Once applied even those unverified will be able to use PexPay accounts for daily transactions with increased limits. Increasing the upper limit will also be helpful for those willing to test the payment system before passing through the verification process.


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