In this article:
If you have any questions, please contact SingleOps Support for help with SingleOps Payments. Our team is best equipped to engage with our processing partner (ProPay) and get you the fastest answer. Contact SingleOps Support at - Support@SingleOps.com
Overview
Owner/Company | Division of Global Payments, the leading worldwide provider of payment technology and software solutions. |
CC Fees | Competitive flat rates + 20c per transaction |
ACH Fees | 1% per transaction |
Approval Process | Instant approval |
Average Days to Fund | 1-2 business days |
Support Process | Contact SingleOps Support - Support@SingleOps.com |
ProPay Fees
There are no costs to get started with SingleOps Payments. We offer a competitive flat rate so that you are never surprised by a bill and can forecast expenses accurately.
Credit Card/ Debit Card Processing Fees | Competitive flat rates + 20c per transaction |
ACH Processing Fees | 1% per transaction |
Card Brand Dues | Dues levied directly by the card networks (Visa, Mastercard, etc.) |
Sweep Fee | .30c fee per deposit to bank account, regardless the amount of transactions |
Limits
Limits help ProPay identify what your typical processing volume is, so that they can be alerted of anomalies and better detect potential fraud.
Limits are all soft limits and will never prevent you from accepting payments. Transfers will only be delayed if you exceed 300% of your pre-approved transactions volume limit. Once you exceed the limit itself, you may be asked to complete additional underwriting steps in order to have your limit increased, so that transfers are never delayed.
ProPay has a refund limit of $2000 dollars per transaction. Any refund of a higher amount will need to be handled through Support@SingleOps.com
Limit Type | Default Limits for New Sign Ups |
Credit Card Monthly Volume Limit | $100,000 |
Credit Card Per transaction Limit | $2,000 |
ACH Monthly Volume Limit | $50,000 |
ACH Card Per transaction Limit | $2,000 |
Negative Limit* | $2,000 |
📖 *Negative Limit is the amount your account balance is allowed to go into negative in order to process a refund.
Increase Limits
If you need to increase your limits please send an email to SingleOps Support at Support@SingleOps.com
Funding & Reconciliation
ProPay will batch payments together and deposit in daily sweeps. It may take a few days for the transaction to hit your bank account, but ProPay will make deposits daily. ProPay batches payments at 4:10am EST.
The Sweep Report in the ProPay account can be used for reconciliation. It will show all transactions included within the day's batch/sweep. It’s our recommended best practice to match payments daily.
ProPay Account
Your ProPay account can be accessed through SingleOps: Setup > Payments > Payment Setup > Account Management tab. See the article ProPay Account Management in SingleOps for more information.
Note: Processing your own card, as per the terms and conditions that you agreed to when creating a ProPay account, is not allowed. See Merchant Services Terms and Conditions for more information.
