Geegpay by Raenest's Q1 Roundup
Think you missed something in our roundups? Here’s a quick look at everything we at Geegpay did in Q1.
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At Geegpay, we're constantly working to provide you with the best tools to manage your finances globally, efficiently, and affordably. As part of this commitment, we strive to be transparent with our pricing. Therefore, we want to inform you about some upcoming adjustments to our fee structure, starting July 22nd, 2024.
Changes to Virtual Dollar Card Creation Fee
When we relaunched our virtual dollar card in March 2024, we set the creation fee at just $1 to make it as accessible as possible. Starting July 22nd, this fee will increase to $3. This adjustment helps us cover the increasing costs associated with card issuance and ensures that we can continue offering you high-quality, innovative financial tools.
New USD Transaction Fee
We will also be introducing a $0.50 charge on all card transactions. This change, effective from July 22nd, enables us to enhance our offerings and ensures our systems operate smoothly and securely while handling increasing transaction volumes. The transaction fee will help us maintain the robust infrastructure needed to support your financial activities.
New Funding Fee
Previously, it cost $0 to fund your virtual dollar card. However, starting July 22nd, we’ll be adding a $0.50 funding fee per transaction. This fee is necessary to cover the operational costs of processing your funds securely and efficiently.
We understand that fee changes aren’t always the most exciting news, but these adjustments are necessary to cover the rising costs of card issuance, transaction processing, and funding operations. Our aim is to maintain the high level of service you've come to expect from us. By making these changes, we can continue delivering top-notch services that cater to your needs.
Remember, the Geegpay virtual dollar card remains perfect for managing your online shopping, payments, and subscriptions. You can create a dollar card instantly and start making secure online transactions immediately. With features like instant card generation, 3D security measures, global acceptance, tap to pay, and ease of use, our virtual dollar card continues to be an invaluable tool for your global financial management.
Thank you for your continued trust and support. We’re excited about the future and look forward to bringing you even more great features in the coming months.
