How Does Clearpay Make Money?

How Does Clearpay Make Money?

Whenever a customer uses Clearpay to make a purchase, the chosen retailer pays a small fee for their service – this is how Clearpay make money. Their business model does not revolve around charging late payment fees and they promise, where possible, to help customers with their finances as much as possible.

What is the catch with Clearpay?

Clearpay doesn't charge any interest or fees. The only situation in which you'll pay more is if you don't have enough money in your account to make the automatic payments.

What percentage do Clearpay take?

How to set up Clearpay - for merchants. A flat fee plus a commission that can range between 4%-6% per transaction.

Marcus Vance
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Marcus Vance

Marcus Vance is a cybersecurity auditor and technology writer dedicated to educating the public about online safety, data privacy regulations, enterprise security, and emerging cyber threats.