HomePay Transaction Credit Pricing
HomePay has a unique system of transaction credits whereby you purchase transaction credit bundles in advance and then each time a parent maes a card transaction, one credit is deducted from your credit balance.
If parents opt to pay for more than item at once, it will still only cost 1 transaction credit. Transaction credits never expire and so remain on your account until used.
No. of Credits |
Transaction Credit Price |
Bundle Price |
||
|---|---|---|---|---|
| 100 credits | £35.00 | |||
| 250 credits | £87.50 | |||
| 500 credits | 35p | £175.00 | ||
| 1,000 credits | £350.00 | |||
| 2,500 credits | £875.00 | |||
All prices are subject to VAT
Fixed Transaction Price
HomePay has a FIXED 35p Transaction Credit charge, regardless of the payment amount or card type used to make the transaction.
Key Benefits
- A fixed cost per transaction of budgeting purposes (no percentages / variable costs for different card types*)
- The full amount paid by the parent is transferred into the schools bank account(s) - the 35p transaction credit charge IS NOT deducted from the amount transferred to the school as it has already been paid for
- The 35p is the ONLY cost to you for receiving the funds into your school bank account - there are no hidden charges applied by the bank or associated with you having to maintain your own internet merchant account.
* Restrictions apply on some credit card transactions to enable us to meet this fixed cost transaction credit charge.