Traditional payment rails
Multiple parties, layers of fees.
Settlement takes days.
Figure Pay Banking in a Box
You’ve already made the mobile investment, we provide the payment technology and infrastructure.
Put more of your sales back in your pocket
Increase customer engagement with a customizable rewards program
Get paid before the customer walks out the door with instant settlements
Access consumer spending data to get ahead of the competition
The problem: interchange fees are a material expense for any business - small or large. Our solution can translate to millions in savings.
Traditional interchange fees are 2% of every transaction plus 30 cents. With Figure Pay, we reduce those fees by nearly 80%, plus you pay no card network scheme fees.
For example, a business with 10,000 transactions and a $100 transaction amount per day could save this much with Figure Pay.
Traditional payment rails yearly fees= $8,395,000
Figure Pay blockchain payment rails yearly fees= $1,679,000
*all amounts are averages
Add this back to your bottom line:
$
Traditional payment rails
-
$
Figure Pay blockchain payment rails
$ less fees per fiscal year
Multiple parties, layers of fees.
Settlement takes days.
Real-time settlement. Retailers save up to 80% on interchange fees and no scheme fees.
Leveraging our seamless enterprise API, Figure Pay enables your company to
launch a new payments solution on your time table. We can move as fast (or slow) as you require.