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    Transaction Fee

* Transaction Fee: charged by the payment gateways. This fee can be set up within Yoopay to be paid either by the merchant (you) or the users (your customers)
* Account Management Fee: RMB 600 (US$ 100), charged monthly
* Application Fee: One time account application fee of RMB 600 (US$ 100).

Fund Withdraw

Yoopay processes fund withdraw requests every 15th and 30th of the month, or the next following business day if either day is a public holiday. The inter-bank processing time usually is 3 business days to withdraw RMB to Chinese bank accounts, and 5 business days to withdraw USD or international currencies to international bank account. There is a US$ 50 wiring fee charged by Yoopay’s wiring bank. Sometimes the receiving bank also charges a fee, please check with your bank for that information. For fund withdraws in USD and other currencies to international bank accounts, an additional 1% international exchange fee applies.