e-wallet-credit-card

Owning your own e-wallet provides the opportunity to both save and make money within your network of customers and merchants. If you regularly transfer funds around your network using regular banking facilities, you might be surprised by how much you could save. You might also be pleasantly surprised by how much you could make.

With your own white labelled e-wallet you are able to set your own limits to control the flow of funds into and out of your wallet and the fees that you charge by configuring the backend services.

Limits Matrix

Limit Description Restricted Account Standard Account Enhanced Account
General account limits
Total lifetime limit (includes deposits and transfers cumulatively) £ 2.500 -  
Maximum account balance - £ 15,000 £ 25,000
Deposit by credit card
Min single transaction - £ 10 £ 10
Max single transaction - £ 500 £ 500
Max daily - £ 500 £ 1,500
Max weekly - £ 2,000 £ 3,000
Max Monthly - £ 5,000 £ 8,000
Max lifetime - - -
Deposit by credit card
Min single transaction - £ 10 £ 10
Max single transaction - £ 500 £ 500
Max daily - £ 500 £ 1,500
Max weekly - £ 2,000 £ 3,000
Max Monthly - £ 5,000 £ 8,000
Max lifetime - - -
Deposit by BANK ACCOUNT (Inter Country or International)
Min single transaction - £ 10 £ 10
Max single transaction - £ 500 £ 500
Max daily - £ 500 £ 1,500
Max weekly - £ 2,000 £ 3,000
Max Monthly - £ 5,000 £ 8,000
Max lifetime - - -
Deposit by FAST BANK DEPOSIT
Min single transaction - £ 10 £ 10
Max single transaction - £ 500 £ 500
Max daily - £ 500 £ 1,500
Max weekly - £ 2,000 £ 3,000
Max Monthly - £ 5,000 £ 8,000
Max lifetime - - -
Inter-accounts transfer
Min single transaction - £ 10 £ 10
Max single transaction - £ 500 £ 500
Max daily - £ 500 £ 1,500
Max weekly - £ 2,000 £ 3,000
Max Monthly - £ 5,000 £ 8,000
Max lifetime - - -
Contact to Contact transfer (P2P)
Min single transaction - £ 10 £ 10
Max single transaction - £ 500 £ 500
Max daily - £ 500 £ 1,500
Max weekly - £ 2,000 £ 3,000
Max Monthly - £ 5,000 £ 8,000
Max lifetime - - -
Transfer to Merchant (P2M)
Min single transaction - £ 10 £ 10
Max single transaction - £ 500 £ 500
Max daily - £ 500 £ 1,500
Max weekly - £ 2,000 £ 3,000
Max Monthly - £ 5,000 £ 8,000
Max lifetime - - -
Withdraw to Bank account
Min single transaction - £ 10 £ 10
Max single transaction - £ 500 £ 500
Max daily - £ 500 £ 1,500
Max weekly - £ 2,000 £ 3,000
Max Monthly - £ 5,000 £ 8,000
Max lifetime - - -

FEE Matrix

Description FEE
Registration fee Free
Bank wire/deposit Inter Country 1.0% Plus £10 or currency equivalent
Bank wire/deposit International 1.5% Plus £30 or currency equivalent
Fast Deposit Bank payment 2.0% Plus £5 or currency equivalent
Credit Card deposit 6.5% Plus £1 or currency equivalent
Bank withdrawal 1.0% Plus £30 or currency equivalent
Inter account transfers (between sub accounts) * If accounts are a different currency a Forex fee will also be charged 0.5%*
Transfer to another TMGpay account (Contact, P2P) * If accounts are a different currency a Forex fee will also be charged 1.5%*
Monthly account fee Free
Payment to an online Merchant Free
Currency conversion (Forex charge) 3% Plus £3 or currency equivalent
Monthly maintenance after an inactivity period of 12 months £ 1.50