For those of you who use Payability, here’s what I see on their webpage:
What does Payability cost to use?
Payability charges a simple, 2% flat fee based on your monthly sales. You can offset that cost by opting to receive your payments on the Payablity Mastercard, which provides an additional 2% cash back.
So if you have $1,000 in sales and they take $20 and you spend the $980 on the Payability Mastercard and you get 2% of $980 back which is $19.60 it’s effectively almost free. Do you agree?
Are there any other catches, scams or hidden fees?