Yes, fees can vary based on both transaction volume and risk profile:
- Transaction volume: Merchants with higher transaction volumes typically qualify for more favorable rates. As your volume increases, you may be eligible for rate reductions through renegotiation of your commercial terms.
- Risk profile: Industries with different risk profiles may see variations in pricing. Sectors with historically higher default rates might have slightly higher fees to account for the increased risk.
- Buyer risk: While the pricing structure for you as a merchant doesn’t directly change based on individual buyer risk, Mondu’s system is designed to approve a wide range of buyers through its sophisticated risk assessment, effectively spreading risk across the portfolio.
Pre-financing needs: If you opt to adjust your pre-financing terms (how quickly you receive payment), this can also impact your fee structure. Merchants who are willing to receive payments on a longer schedule may qualify for reduced fees.