Service fee and settlements Service fee and settlements

Service fee and settlements

The current service commissions can be found on Epassi's website:

Payments made with Epassi are automatically settled to the service provider's account one or four times a month. The payment is typically visible in the account within 2–3 business days after the settlement date, and the payer is Epassi Clearing Oy. The applicable service fee according to the current price list is automatically deducted from the settlement. The minimum settlement amount is €50 net, unless otherwise agreed.

The service provider must ensure that the bank account details registered in Epassi are up to date. Account details can be viewed by logging in to the Epassi service with service provider credentials.

Settlements cannot be processed until the service provider's identity verification has been completed. Read more here.

Settlement schedule:
Payments made on the 1st–7th of the month are settled on the 8th.
Payments made on the 8th–15th of the month are settled on the 16th.
Payments made on the 16th–23rd of the month are settled on the 24th.
Payments made on the 24th–last day of the month are settled on the 1st of the following month.

When monthly settlement has been selected, all payments for the entire month are settled on the 1st of the following month.

If the settlement date falls on a weekend or public holiday, the settlement will be processed on the next business day.