Plugzio leverages PayPal's services for processing payments which offers both managers and users security protocols like using two-factor verification along with all the security measures PayPal offers its customer base.

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:

  • 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

Currently, PayPal fees for US and Canada are 2.9% + $0.30 of the currency.

We are also looking into adding other online transaction methods like Stripe for the future.

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