Great news for Payleven customers. In the past week or so they have announced 2 service upgrades! This means payments are now processed faster and there is a new flexible payscale.
Faster Settlement Days
Payleven have improved settlement times so now funds are paid out the day after they receive them. That reduces the time customers receive funds in their bank accounts to 4-7 days. Any bank fees that were being applied are also now being cancelled.
From 1st September Payleven introduced a flexible payment scheme. Transaction fees are now 2.75-1.5%. While most businesses are unlikely to be affected by the changes, those that are will certainly welcome the savings 🙂