Monei is a payment gateway provider for ecommerce. It uses military and NASA-grade security to encrypt, decrypt, and protect their user’s data. In this article, we cover Monei reviews and pricing. Ready to get started? Sign up for free.
Monei pricing depends on where your business is based. For U.S.-based businesses, its commission charge is Interchange plus 5 basis points and ¢5 per transaction. For European-based businesses, it charges 1.39% + €0.24 (for European credit cards) or 2.89% + €0.24 (for non-European credit cards). Creating an account is free.
Interchange Plus* 5 basis points and ¢5
1.39% + €0.24 (for European credit cards)
2.89% + €0.24 (for non-European credit cards)
*Interchange refers to the percentage of the transaction that is paid to the credit card and issuing bank. The payment processor passes this charge to the merchants. The “plus” is the amount above the interchange fees that will be paid to the payment processor.
Businesses with a monthly invoice of more than $60,000 may contact Monei’s support team for customized pricing.
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Top Payment Gateway Software Providers 2019
Summary of Positive Monei Reviews
Users who gave positive Monei reviews all concur that the software is easy to use and navigate. They also like that the collected payments are deposited into their bank account immediately.
One user who left a positive review of Monei on Capterra said that he receives his money within 24 hours, unlike other payment gateways which take quite a while. He added that the software has worked smoothly for him since day one.
Summary of Negative Monei Reviews
As of the date this article was written (April 2, 2019), there are very few negative Monei reviews online. Some users, however, complained about its slow customer support.
Our Top Payment Gateway Software Provider Picks
Best Payment Gateway for Small Business: Payment gateways are the middlemen that connect your ecommerce shopping cart to your payment processor to enable online credit card payments. We looked at the most popular options and rising stars and decided to review PayPal, Stripe, and Authorize.Net. These companies covered the range for small businesses in terms of security, ease-of-use, payment processing options, and price.
Check out the list below of some of Monei’s features:
- Military-grade security
- One-day payment settlement system
- Online invoicing
- Billing portal
- Dev documentation
- Integration guides
- And more
How can users accept payments from Monei?
Monei can be integrated into a user’s website or online store through a simple line of code. From there, users can set it up and accept payments.
What types of payments does Monei accept?
Monei accepts payments made from credit cards (Visa, Mastercard, Maestro, Jcb, and Amex), Sepa, Apple Pay, and PayPal.
Here is a list of some of Monei’s popular integrations: