The PIN Network
Our Fees
At Pay It Now, we believe cutting-edge technology shouldn’t come with a big price tag. By operating our own Layer-2 network, we’re able to cut costs, speed up transactions, and offer some of the lowest fees when you buy or sell cryptocurrency - all while delivering better value than most platforms across New Zealand and Australia.
Compare our fees and see for yourself.
PIN Network Fees
| Service | Fee |
|---|---|
| Download our App | Free |
| Setup a PIN Network App account | Free |
| Gas Fees/Network Charges Because we operate our own Layer-2 solution, you won’t be charged any gas or network fees when making transactions on the PIN Network |
Zero |
Deposit/Buy Fees
| Service | Fee |
|---|---|
|
Swap/Exchange (In-app) A small spread is applied whenever assets are exchanged (e.g. NZD → Crypto or Crypto → Crypto). The rate may vary depending on market conditions and liquidity. |
Pay only the Spread |
|
Buy Crypto using POLi Pay (NZ Bank Account) Pay only POLi Pay’s standard processing fee. |
Up to a maximum of $3.00 NZD (typically 1%) (Fee charged by POLi Pay, not Pay It Now) |
|
Buy with Card - Stripe (NZ & AU Only) Pay only Stripe Fees. |
A processing fee of $0.50 plus 3% of the total amount. (Charged by the card service provider) |
|
Top up NZD using POLi Pay (NZ Bank Account) Pay only POLi Pay’s standard processing fee. |
Up to a maximum of $3.00 NZD (typically 1%) (Fee charged by POLi Pay, not Pay It Now) |
| Manual Bank Deposit (NZD or AUD Bank Transfer) | No Cost |
|
Bridge On/Deposit Deposit Crypto onto the PIN Network App from an external wallet or platform. |
Pay only network fees (Charged by external chain, not Pay It Now) |
Withdrawal Fees
| Service | Fee |
|---|---|
| Bridge Off/Withdraw Plus network fee (set by the external blockchain). Fees can vary based on network congestion and activity. |
1% Un-bridge fee + Network fees |
| Cashout Crypto (NZ or AU Bank Account) Sell crypto to your registered NZ or AU bank account. An exchange to NZD or AUD is required before the funds are deposited - see “Swap/Exchange Assets (In-app) |
Pay only the spread |
| Withdraw Currency (NZ or AU Bank Account) Withdraw NZD, AUD, USD or PGK from the App to your registered bank account |
No Cost |
| Withdraw balance to International Bank Account (Non NZ or AU) Applies to both crypto and currency cashouts. You’ll pay the international currency conversion fees charged by banking networks |
$4–$10 (USD) per transaction + Spread |
Merchant Fees
| Service | Fee |
|---|---|
| Merchant Transaction Fee | 0% |
| Sign up to accept payments (Set-up) | Free |
| Monthly Costs | Zero |
|
Online Integration A fee may apply for complex integrations, subject to the scope and complexity of the work. |
Free (Standard & Shopify Websites) |
| Merchant (Process a refund) | No Fee |
|
Cash-out to business bank account This includes currency/asset conversion to NZD or AUD. |
No Fee (We don’t charge merchants a spread for this service) |
|
POS integration (Supported POS Providers only) Applies to software-only activation. POS hardware and terminal hire are available, with fees charged separately by the POS providers. |
No Charge |
| Fee if Merchant accepts Crypto instead of Cash (Deposited to a PIN Wallet) | No Cost |
SHOP Menu Fees
| Service | Fee |
|---|---|
|
Visa Prezzy Card Purchase (Virtual card)
ⓘ Prices include GST. You pay only the card load + delivery fee (Charged by Epay) |
$5.95 card load + $1.50 card delivery fee (NZD) |
|
Visa Prezzy Card Purchase (Physical card)
ⓘ Prices include GST. You pay only the card load + shipping cost (Charged by Epay) |
$5.95 card load + $7.50 Shipping Costs (NZD) |
|
Buy Giftcards (NZ)
ⓘ Prices include GST. You only pay the Giftstation Fees |
Prices vary based on the card you choose |
|
Buy Giftcards (AU)
ⓘ Issued by Prezzee AU |
There are no fees when buying AU Gift Cards |
|
Activ Visa eGiftcard
ⓘ There is a card issuing fee per card. Charged by Prezzee AUS PTY. |
$4.95 AUD incl GST |
|
True Rewards/Digital Visa
ⓘ There is a card issuing fee per card. Charged by IGO Direct LTD PTY. |
$3.95 AUD incl GST |
|
Access to Promotional Offers Menu Access to exclusive discount offers from 1 Team/CSC Buying Group |
Free Access |
|
PokitPal Access to our Card-linked Cashback and Rewards Program (AU Only) |
Free Access |
| ⓘ Transactions marked with this icon involve converting digital assets to NZD or AUD to complete the purchase. A standard spread applies to that exchange. Fees displayed in this table are charged by the external provider (e.g., Epay, Prezzee, Giftstation) and do not include the exchange spread. | |
Pay It Now Web3 Mastercard
| Service | Fee |
|---|---|
|
Card account activation fee Payable when you apply for the Card and is deducted from your App wallet balance. |
|
|
Virtual Card Creation Generate multiple virtual card numbers as needed for added security or budgeting. |
No Extra Fees |
|
Top up your card (Load balance) A small spread applies when assets are converted to USDC and added to your Card Account. This amount is deducted from your asset balance at the time of top-up. |
Pay only the spread |
|
Transaction Fee (Spending) A currency conversion fee applies to purchases made in currencies other than USD. |
1.5% of the total transaction amount (Charged by the card issuer) |
| Cancel a Card | No Cost |
| Annual Costs | None |
| Withdraw funds back to your PIN Wallet | Fixed fee 0.2 USDC per withdrawal |
Fees FAQ’s
-
No. Pay It Now does not charge a separate trading fee.
All costs associated with buying, selling, or spending are simply included as part of our standard operating costs — we believe in keeping things simple and transparent.Instead of adding extra layers of charges, we apply only a small spread, which represents the difference between the buy and sell price of an asset. This spread covers the cost of facilitating the transaction.
We don’t hide trading fees or foreign exchange (forex) fees within the spread - there’s just one cost: the spread. Nothing else.
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Gas or network fees are small payments made to blockchain validators for processing transactions. Since Pay It Now operates its own Layer-2 network, in-app transactions don’t rely on external blockchains, so you don’t pay any gas or network fees when sending, spending, or swapping crypto in app.
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Forex (foreign exchange) fees apply when converting one currency to another, such as NZD to AUD or USD. These are common with banks and exchanges. Pay It Now doesn’t charge a separate forex fee - any conversion costs are already reflected in the exchange rate shown at the time of your transaction.
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A spread is the small difference between the buy and sell price of a currency or asset, commonly used by exchanges to cover transaction costs. At Pay It Now, the spread is built into the exchange rate shown when you buy, sell, or swap crypto - with no extra or hidden fees added. You pay one simple, all-inclusive rate.
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Our business model is designed around affordability and innovation. By running lean operations, leveraging technology, and diversifying our services, we can offer many products at low or no cost without compromising long term sustainability
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Digital payments form only a small part of our overall operations. Pay It Now earns revenue through a range of services, including our peer-to-peer digital wallet and integrated crypto exchange, on/off-ramp solutions, and PIN DATA, our secure data storage platform.
Some services may include small fees, but our model is largely driven by network activity and transaction volume. As adoption grows, so does our revenue - allowing us to maintain low costs and long-term sustainability.