Last updated: February 2026
This page outlines current fees, exchange costs, processing times, and cut-offs across supported fiat and stablecoin payment rails on petl pay.
petl pay operates a non-custodial model. We do not hold client funds and we pass through underlying rail and partner costs on standard plans. Fees shown below reflect the cost of the selected payment rail.
How to read this page
- Deposits refer to pay-ins or top-ups into your petl pay balance
- Withdrawals refer to payouts or off-ramps to banks or wallets
- Fees may include a fixed component, a percentage component, and where applicable an FX fee
- Processing times depend on rail availability and cut-off times
PLEASE NOTE: Fees stiuplated below are based off our minimum transfer volumes. Should your business require custom rates for larger transfers, please reach out and we'd be happy to offer a customised rate for your use-case.
- T+0 = same business day
- T+1 = next business day
Coming soon: embedded open banking payments (UK & Europe)
petl pay is integrating embedded open banking for the UK and Europe. Once live, this will enable:
- Free bank-to-bank deposits
- Instant or near-instant settlement
- Direct payments from supported banks into petl pay
Expected coverage includes banks across:
United Kingdom
- Major high-street banks
- Digital challenger banks
- SME and business accounts
European Economic Area
- Germany
- France
- Netherlands
- Spain
- Italy
- Ireland
- Belgium
- Portugal
- Austria
- Nordics and additional SEPA countries
Exact availability may vary by bank and country. Coverage will expand continuously.
African coverage
In addition to South Africa, petl pay supports multiple other African markets via local rails, crypto, and mobile money.
If your target country is not listed above, please contact us. We are actively rolling out additional on- and off-ramp capabilities.
Fair use and plan considerations
- Fees listed apply to Solo and Business plans
- High-volume, marketplace, or platform-style payment flows may require Enterprise pricing
- Fair use thresholds apply to protect platform performance
- We will proactively engage before any commercial changes apply
Important notes on FX and settlement
- FX fees apply only where currency conversion is required
- Stablecoin transfers avoid FX where pegged to USD
- Settlement times are indicative and may vary due to bank cut-offs, compliance checks, or network conditions
