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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 here.
Overview
Owner/Company |
Division of Global Payments, the leading worldwide provider of payment technology and software solutions. |
CC Fees |
2.9% + 20c/transaction Gross billing, monthly statement |
ACH Fees |
1% per transaction (fee capped at $10) |
Approval Process |
Instant approval |
Average Days to Fund | 3-5 business days |
Support Process | Contact SingleOps Support |
Processing 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.
CC Fees |
2.9% + 20c/transaction Gross billing, monthly statement |
ACH Fees |
1% per transaction (fee capped at $10) |
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.
Default Limits for New Sign Ups |
|
Credit Card Monthly Volume Limit | $35,000 |
Credit Card Per transaction Limit | $2,000 |
ACH Monthly Volume Limit | $35,000 |
ACH Card Per transaction Limit | $2,000 |
Negative Limit Negative Limit is the amount your account balance is allowed to go into negative in order to process a refund. |
$2,000 |
Increase Limits
If you need to increase your limits send a request to increase limits@propay.com. Please cc support@singleops.com so that our team is aware and can assist if needed. You will likely need to provide a history including past merchant services statements.
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 at https://epay.propay.com/login/
To allow more than one person access to a ProPay account, you will need to contact the SingleOps Support team to put in a request at ProPay to enable (up to 4) sub users. The owner/admin for the ProPay account will need to enter users in manually after this is enabled.
The person who signed up for ProPay initially would have received an email with the credentials, such as username and password, to log into this account. If you cannot find that email and need it resent - please reach out to SingleOps Support so our team can request ProPay to send it out again.
Comments
when should we consider moving over to ProPay or will it happen automatically?
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