Pricing

VeritasPay is your ticket to modernizing your payment processing capabilities. We provide wide-ranging solutions that help serve
businesses of all sizes, and each come with specific and cost-effective pricing plans.

MDR Program

The MDR Program (merchant discount rate) is a fixed, percentage-based fee for credit and debit transactions, and other alternative payments.
It’s ideal for businesses who have a high volume of card or e-wallet transactions.

Why choose this plan?

Competitive merchant discount rates compared to other payment technology providers
Free back-office for first three users to help you manage and monitor your store’s sales data
Free merchant orientation upon the delivery of device
Settlement process can be done through your own preferred bank

Straightforward pricing

Rates for Face-to-Face and Unattended Payments
Credit/Debit Cards 3.00%
E-wallets 2.50%

*Additional fee of P1.00 for transactions under 100.

Rates for Online Payments
Credit/Debit Cards Transaction Fee 3.50%
Setup Fee PHP 28,000.00
Monthly Fee PHP 2,000.00

We offer preferred pricing to businesses with high transaction volumes

Plan 500

The Plan 500 is ideal for small and start-up businesses who are looking to adopt a more advanced payment technology
to increase their electronic-based transactions.

Why choose this plan?

Fixed PHP 500 monthly fee
Free back-office for first three users to help you manage and monitor your store’s sales data
Free merchant orientation upon the delivery of device
No minimum transaction volume
Settlement process can be done through your own preferred bank

Plan 500 and Devices

On top of the Plan 500 is an option to choose from our three distinctive, but equally effective payment
devices – Smart Terminal, Smart Terminal+, and Smart Terminal Lite.

Plan 500 and
Smart Terminal


All-in-one payment processing capability
Adaptable to any business
Built-in thermal printer
Dual camera for QR code payments
Free back-office
Free merchant orientation
Nationwide delivery
Settlement to any bank

*Installment period is 12 months

PHP 749.00 / month

Plan 500 and
Smart Terminal+


All-in-one payment processing capability
High-end specs for faster transaction speeds
Built-in thermal printer and dual camera
Compatible to charging docks
Free back-office
Free merchant orientation
Nationwide delivery
Settlement to any bank

*Installment period is 12 months

PHP 999.00 / month

Plan 500 and
Smart Terminal Lite


All-in-one payment processing capability
Free back-office
Sleek design for on-the-go business
Built-in rear camera for QR code payments
Free merchant orientation
Nationwide delivery
Settlement to any bank

*Installment period is 12 months

PHP 599.00 / month