Fees and Rates

Revision Date: July 17, 2024

Procurify outlines fees and rates below by platform feature.*

Spending card fees

See below for a list of fees and rates associated with Procurify’s spending card feature:

Items Fees (USD)/Rates Notes
New card fee $0.00 Per physical card, plus shipping charges. 4 colour, plastic, magnetic stripe.
Replacement card fee $3.00 Per replacement or additional physical card, plus shipping charges. 4 colour, plastic, magnetic stripe.
Transaction fees $0.00 Transaction fees are currently waived.
Cross-border fees 1% of the transaction amount plus $0.30 Per cross-border transaction, where a user makes a purchase in a country other than the US.
Foreign exchange fee 1% of the transaction amount Where Stripe converts funds from one currency to another; calculation made on the converted amount.
Disputes fee $15.00 Per disputed transaction if the dispute is not resolved in the user’s favour.
Faster funds fee 0.40% (1 day faster) 0.8% (2 days faster) When funds are transferred from an Account holder’s Stripe account to their Financial Account faster than 2 days from the transaction date. Fees charged are based on the amount of the transaction multiplied by the applicable faster funds rate.
Bill pay fees

See below for a list of fees and rates associated with Procurify’s bill pay feature:

Items Fees Notes
ACH transactions $0.60 USD Per ACH transfer; payment option only available to US customers
Wire transfer transactions $20 USD Per wire transfer; payment option only available to US customers
Check transactions $2.50 USD Per check transfer; payment option only available to US customers
Electronic funds transfer (EFT) transactions $0.90 CAD Per EFT transfer; payment option only available to CA customers

Applicable fees are deducted automatically from the customer’s financial account and will not be billed separately

*Fees and rates are subject to change without notice and do not include applicable taxes.