I'm looking for information on transaction costs and related fees for utilizing VISA Direct. I'm performing a financial feasibility and am not using the API for protoyping at this time. Any estimations would be helpful.
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Thanks for looking into Visa Direct, I'm happy help.
Because we are an open platform, there is no cost to you to develop your application using any of the APIs in the sandbox.
When you are ready to transition to production use of the APIs, there are fees for each of the APIs that are used. Fees are evaluated by application as they are a function of many elements, including the nature of your application and your relationship with any existing Visa partner(s).
We treat production applications on a case by case basis and work with you to determine appropriate pricing.
Does this help?
VDP Community Manager
Thanks for your brief answer!
Are the fees percentage based?
Or a flat rate?
Or a rate ladder?
What am I working with here?
Hey @graceman33 - we've actually added a guide on our pricing framework - check it out: https://developer.visa.com/pages/working-with-visa-apis/visa-developer-pricing