Introducing Tellebook Payments
We are excited to announce the integration of a new, versatile payment gateway on Tellebook, offering our users and merchants flexible and cost-effective ways to transact, including support for major credit cards, PayPal, and cryptocurrency! This marks a significant step in enhancing our payment gateways to make transactions smoother than ever.
Our Proposed Fee Structure:
| Payment Method | Tellebook Processing Fee | Who Pays the Fee? |
| Credit Card | 0% | Tellebook (absorbing all merchant fees) |
| PayPal | 0% | Tellebook (absorbing all merchant fees) |
| Cryptocurrency | 1% | Paid by the Buyer/Seller (Tellebook’s fee) |
Key Highlights of Tellebook Payments:
1. Zero Fee for Traditional Payments (Credit Card & PayPal)
In an effort to promote seamless transactions and customer convenience, Tellebook will cover the standard merchant processing fees typically charged by providers like Visa, Mastercard, and PayPal. This means your customers pay no extra fee for using their preferred traditional payment methods, and merchants receive the full listed price (less any applicable Tellebook platform commission). By choosing certain payment gateways, users can benefit from significant savings.
Note: Absorbing these fees is a significant investment by Tellebook to ensure a friction-free checkout experience.
2. Competitive Cryptocurrency Payments (1% Fee)
Embracing the future of finance, Tellebook now supports leading cryptocurrencies! We offer a highly competitive flat 1% fee on all crypto transactions, making it one of the most affordable ways to pay or get paid in digital assets. Our cryptocurrency option is a cutting-edge addition to our array of payment gateways.
- Low Cost: The 1% fee covers the transaction processing and immediate conversion (if applicable).
- Decentralized: Provides a modern, secure, and transparent payment alternative.
- Fast & Global: Enables instant, cross-border payments with ease.
3. Simplified Checkout
Our new, integrated payment gateway offers a fast and secure checkout flow, reducing cart abandonment and making it easier than ever to complete purchases on Tellebook. The seamless interface showcases the efficiency of our upgraded payment gateways.
