Plugzio uses PayPal to handle payments. This means both managers and users get extra security features like two-factor verification, plus all the other security protections that PayPal provides.
PayPal only comes into play when depositing money into a wallet. Once money is in the wallet, transactions can happen between users and managers within the Plugzio ecosystem without a PayPal fee. For example:
The user adds $10 to their wallet using PayPal. Note that PayPal also accepts debit and credit card options.
User will see $10 minus PayPal's transaction fee
- https://www.paypal.com/us/webapps/mpp/merchant-fees
The user activates a Plugzio device which has a fee of $1/hr for 2 hours
Once the user is done, $2 will be deducted from the user's wallet
On the manager's wallet, $2 will be added to the manager's wallet
To get an update of the amount PayPal takes as a transaction fee, please view:
We are also looking into adding other online transaction methods like Stripe for the future.