Bank-level encryption is 256-bit AES, or advanced encryption standard
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What is charged from Stripe:
Category: Processing Rate: Additional details
Connect pay-out £0.05P
Connect Volume 0.19%
Instant Pay-outs 0.75%
Bacs DD 0.3% per transaction
Radar £0.02P Per online transaction
Dispute fee £15.00 Per dispute
Stripe costs:
Fee: Gateway Charge:
Visa
UK Debit /Credit Consumer 1.2% 12p
Business Credit 2% 12p
Visa Platinum /Infinite 2.5% 12p
Fee: Gateway Charge:
Master Card
Mastercard Consumer Credit 1.2% 12p
Mastercard Consumer 1.2% 12p
Debit Mastercard Consumer
Prepaid Debit
Mastercard Consumer
Maestro Consumer 1.2% 12p
Maestro Consumer Prepaid 1.2% 12p
Mastercard Business 2% 12P
Mastercard Professional Card 2% 12P
Mastercard Prepaid Commercial 2% 12P
View Pricing: Onboarding
Lynkpay Dispersal / Passenger Platform
Fee: Once off: £495 + vat (Per site)
Lynkpay SMS / Stripe /Twilio
Fee: Once off: £249 + Vat (Per site) Lynkpay SMS / Stripe /Twilio
Lynkpay Subscription:
The other requirements will be monthly service subscriptions based on Live Taxi licences” we have on our server”.
1-250 Drivers = £229pm + vat
251 -1000 Drivers = £329pm + vat
1001 – 1500 Drivers = £429pm + vat
Yearly RPI price increase will be adjusted on each facial year.
The UK tax year starts on 6th April of one particular year and will run until 5th April of the next year.
What about cost of payments?
Open Banking services:
Lynkpay FPS (Faster payment)
This will be set for each client based on size and term*
Min cost: £0.50p
£1.00p is charged for additional Driver weekly or additional driver requested Payments.
The operator will receive a £0.30p credit on all completed payments.
Lynkpay PISP:
Min cost: £0.50p
Compliance: KYB/KYC:
Lynkpay Ltd ( FCA Modulr Compiance ).
There is a yearly KYB for each independent company for which Lynkpay Ltd. has live banking services:
The charge will be set: £395.00 per site /per client Ltd site.
Each client will be notified on each proposal basis as terms for company structure are applied.
Lynkpay SMS Payment service. There is a passenger fee £0.50p on the fare and this will be split 50/50 from the stripe services.
Lynkpay -Prepaid Service
Min Charge on Stripe £0.50p
Lynkpay cover fee is £0.25P
How can operators add additional surcharge fee?
Lynkpay Prepaid has a sliding surcharge within the platform and operators can create charging levels above the min fee.
All surcharge in the sliding service will be 50/50 split on fee's chargeable to passengers.
Example : Slide Surcharges
Passenger pays a Airport journey pick up : £50.00 meter fare and a £2.00 sc, the min fee £0.20p is taken and the remaining £1.80 is split 50/50
Apple /Google Payment services or Card Processing Fee’s from Visa /Mastercard Network*
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