Understanding Transaction Fees

26 views

Breaking Down GreenLightForSite Transaction Fees: What You Need to Know

When choosing an escrow provider, understanding the cost structure is vital. At GreenLightForSite, we believe in radical transparency. We don't hide fees in the fine print, and we don't surprise you with unexpected charges at the last minute. Here is a detailed breakdown of how our pricing works and why it represents great value for the security we provide.

Why Do Fees Exist?

Running a secure escrow platform involves significant technical and operational overhead. We maintain high-grade encryption servers, employ compliance officers, and staff a dedicated dispute resolution team available to review transactions. The fees we charge allow us to maintain these security standards so you can trade with peace of mind.

The Fee Structure

Our pricing model is designed to be straightforward:

  • Service Fee: We charge a small percentage of the total transaction value. This fee is only deducted when the transaction is successfully completed. If a transaction is canceled and funds are returned to the buyer, the fee is typically waived or minimized.
  • Payment Processing Fees: Depending on the method used (Credit Card, Crypto, Wire Transfer), there may be a nominal processing fee required by the payment networks themselves. We pass these along at cost.

Comparing the Cost to the Risk

When you look at the fee percentage, compare it to the alternative. Losing 100% of your funds in a scam is far more expensive than paying a small escrow fee. Think of the GreenLightForSite fee as an insurance premium that guarantees the safety of your capital.

Tips to Minimize Costs

  • Batch Transactions: If you have multiple dealings with the same party, try to consolidate them into one larger transaction to save on repeated base fees.
  • Choose Low-Cost Payment Methods: Using direct crypto transfers often incurs lower processing fees than credit cards.

We are committed to keeping our pricing competitive while delivering enterprise-level security to every user.

Back to Blog
Share this post
CONTACT SUPPORT
START TRANSACTION