Standard or Enterprise
Paybox offers two distinct versions to meet your business’s specific payment processing needs.
Key Features
Automatic Transfers: Payments processed through Paybox are automatically and seamlessly routed to the correct marketplace or outlet. This eliminates the need for manual intervention, saving time and reducing the risk of errors in allocation. Whether you’re managing a single outlet or a complex marketplace, Paybox ensures a smooth flow of funds across your business.
Paybox Standard
A fully managed solution designed to simplify payment processing for businesses of any size.
Advantages
Quick Setup: Setting up is incredibly simple and fast. With just a few clicks, you can create an account through Redbox and start accepting payments almost immediately. No lengthy processes, complex integrations, or unnecessary delays
Fast Payouts T+1: Receive your payouts promptly, with funds transferred every Monday to your designated accounts. Our efficient processing ensures that your cash flow remains healthy and predictable, helping you manage your operations without unnecessary financial delays.
Transparent Pricing: With Paybox Standard, you benefit from a straightforward and transparent pricing model. Our simple per-transaction fees mean there are no hidden charges or surprises, allowing you to accurately forecast your payment processing costs and maintain control over your budget
Fraud Protection: Paybox includes advanced fraud detection and prevention tools to help safeguard your business against fraudulent activity. By proactively monitoring and identifying potential risks, Paybox helps reduce liabilities, protect your reputation, and ensure your customers’ trust and security.
Fees
Paybox transaction fees are fixed per transaction and seamlessly integrated into the Redbox transaction fee. This ensures a predictable and transparent pricing structure with no additional invoices, hidden charges, or unexpected costs. You can rely on consistent, straightforward pricing for all your payment processing
Who is it for?
Ideal for businesses seeking a straightforward, efficient, and ready-to-use payment solution.
Paybox Enterprise
Leverages your existing Stripe account for transactions, enabling the use of favourable contracted rates.
Requirements
Stripe Account: An active Stripe account with API access is mandatory to integrate with Paybox Enterprise. This ensures compatibility and allows for seamless communication between systems.
Custom Setup: Bespoke configuration is required to connect your Stripe account to Paybox, ensuring the system is tailored to your specific business needs.
Minimum Setup Fee: Implementation of Paybox Enterprise requires a one-time setup fee of £25,000. This includes customisation, technical expertise for launching the system, and a licence for up to 25 marketplaces. Additional marketplaces can be licensed at £1,000 each.
Limitations
Payout Speed: Faster payouts are not available with Paybox Enterprise, and all payouts follow Stripe’s standard processing times, which may not be suitable for businesses requiring instant cash flow.
Fraud Prevention: Fraud detection and prevention are not included by default. Businesses must either rely on Stripe’s fraud tools or implement their own solutions for managing security risks effectively.
Fees
Paybox Enterprise fees are invoiced independently on a monthly basis, in addition to any contracted costs charged by Stripe. These may include fees for fraud detection, transfers between connected accounts, transaction volume, and payout processing.
Who is it for?
For marketplaces requiring advanced control over payment processing, with the flexibility to utilise their own Stripe contracts. It’s also ideal for businesses that prioritise managing their own Stripe account for better oversight, customisation, and operational control. Additionally, this version is suitable for organisations seeking to optimise costs through pre-negotiated Stripe rates
Pricing
Paybox Standard | Paybox Enterprise | ||
|---|---|---|---|
Paybox | Stripe | ||
Liability | Paybox - Included | Partner - Custom Radar & SCA | |
Card Processing Fee | 1.4% + £0.20 | - | 1.4% + £0.20 |
Transfer Fee | Included | - | 0.5% |
Account Debit Fee | 1.4% + £0.20 | - | 1.4% |
Chargeback Lost | £20.00* + Transaction | - | £20.00 |
Refunds | Redbox Transaction Fee + Card Processing Fee | Redbox Transaction Fee | Stripe Processing Fee |
Connected Account Fee | Included | £0.50 per month* | £2.00 per month |
Payout Delay | T+1 | - | T+3-7 |
Weekly Payouts | Included | - | £0.10 per payout |
Instant Payouts | 1% + £1.00* | 0.5%* | 1% |
Setup Fee per Marketplace | None | £1,000* (25 Marketplaces Min Commitment ) | |
*Price exclusive of VAT.
Example Per Outlet/Connected Account Pricing
These charges apply to any account connected via Stripe Connect Express which receives a payout that month.
Paybox Standard - Weekly payouts and connected account fees are included within the 1.4% + £0.20 card processing fees.
Paybox Enterprise - £2.00 per month, plus an average of four payouts a month at £0.10 per payout, plus £0.50 per month Paybox fee = £2.90 per month per connected account that receives a payout that month.