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.
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/
