DESCRIPTION OF SERVICE FEES

Connection
Connection with the CardsGATE system is free. A reward for rendered system services for the client equal to 16% from the payment by its customers.

Payment Period
The payment period is one calendar week.

Commissions
The commission amount comes to 16% of the turnover during the current payment period.

Insurance Deposit
Insurance deposit is created for the first 180 days after an account is opened paid out of the payment transmitted by the customer. The payment amount that was withdrawn as the insurance deposit will be returned to the customers personal account via the CardsGATE system on the 181st day after the account was opened. Insurance deposits are 10% of each accepted system transaction.

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