Monthly, Daily, and Per Transaction LIMITS?

  • Question
  • Updated 3 years ago
So, are there limits, if so, what are they, what is the process for getting these upgraded, etc, etc.

Basically, I want the full rundown on limits of any kind...

AKA, when are you going to deny any payments that are sent, etc?

We have clients that we're hoping to be setting up that will be processing large transactions and a fair number of them. This could total around 1M USD or so per month. What are the issues, if any, here? And, how do we get around them? Thanks.
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oojacoboo

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Posted 3 years ago

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Michael Schonfeld, Official Rep

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There are absolutely no API limits at the moment, nor are we planning on enforcing any. So, no API rate-limits what so ever.

The only limit that may (or may not) apply to you, is the transaction maximum limit of $5,000 per transaction for normal user, and $10k for a merchant user. But even for this, there's no transaction rate limit, so simply break up the payments to $5k/$10k increments and you should be all set.
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oojacoboo

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What about weekly/monthly? If there is a merchant, can they process 1M in payments in a month without any issues, at all, whatsoever?

The $5k/$10k shouldn't be too bad of an issue if it can be broken up, thanks for the clarifications here. Thanks.
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Ben Milne

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There are no weekly/monthly limits currently. Only the per transaction limits.