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        How does Relay make money?

        I’m always cautious when a service says “no monthly fees.” Relay sounds perfect for my new LLC, but I’m curious—how do they actually make money? I just want to make sure there aren’t hidden costs or catches down the line before I fully rely on them for my business banking.

        user-
        Answer by: abdullah-al-naim
        2 months ago

        Relay gets a portion of the merchant fee that Visa® applies each time you use your debit or credit card. The merchant (or vendor) pays this fee—not you! We also earn interest on each customer’s balance; interest is paid to Relay by the Federal Reserve via our Partner Bank, Thread Bank, and is not paid by you.

        If you have anymore confusions, book a consultancy https://businessglobalizer.com/services/business-consulting/

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