Lowest Fees
ProductMint offers the lowest fees in the industry even across traditional payment processors along with micro-payment support. Fees are collected on each transaction when a Product Pass is minted or a subscription is renewed/upgraded.
Fee Details
Fees are collected on each transaction when a Product Pass NFT is used to purchase a product or a subscription is renewed/upgraded.
Organizations only pay fees to ProductMint when a transaction is made. Customers do not pay or see any fees on their end.
Fees by Chain
Each chain has a different fee structure for the Payment Escrow contract along with different fee percentage based on token characteristics such as stablecoin vs non-stablecoin, market cap, volume, etc.
Micro-Payments
ProductMint supports micro-payments allowing you to charge small amounts with no minimums. No need to worry about flat minimum fees required by other payment processors.
Payment Escrow
The Payment Escrow contract is used to hold funds for an organization. Whenever a product is purchased or a subscription is renewed/upgraded, the funds will be transferred to the Payment Escrow contract immediately ready for the Organization NFT holder to claim.
Learn more about the Payment Escrow contract
Layer 1 vs Layer 2
Layer 1 chains have a higher fee structure than Layer 2 chains. This is because Layer 1 chains have a higher gas price and are more expensive to use and operate our system.
Stablecoins
Stablecoins such as USDC have a lower fee structure than non-stablecoins. This is because stablecoins prices do not change.