Free to send. Transparent to spend.
Wam-to-Wam payments are free. Card top-ups are 2.5% + $0.22. Currency conversion is mid-market + a spread we show up-front. No monthly fees, no terminal rental, no hidden margin.
Every fee, on one screen.
No fine print, no “limits may apply,” no second page. These are all the fees a Wam user will ever see.
@username, QR code, or payment link. TTD or USD.
ACH, FPS, SEPA, on-chain USDC/USDT, or another Wam user.
TT$1.50 fixed on TTD top-ups. Visa, Mastercard, Apple Pay.
Issued free, used free. Anywhere Visa is accepted online.
Most agents are free; some charge a small per-transaction fee shown before you confirm.
The Reuters rate plus the spread shown up-front before you confirm.
One rate. Every merchant.
A single, flat per-transaction fee for card acquiring on Wam. No tiers, no volume commitments, no account manager to negotiate with. What you see below is what you pay.
One flat rate. No monthly minimum, no terminal rental, no PCI fee, no chargeback fee, no volume commitment. What you see is what we take.
- Wam POS app + tap-to-phone
- Shopify + WooCommerce plugins
- Payment links + invoicing
- Unlimited staff accounts
- Real-time dashboard
- Wam Shop directory listing
- Payroll runs (TTD)
- Bulk CSV payouts
Receiving money is always free.
Whoever’s sending: ACH from a US bank, FPS from a UK bank, SEPA from anywhere in Europe, or USDC from any wallet. Wam doesn’t charge to receive. The only cost on on-chain transfers is the blockchain network fee, paid by the sender.
Remittance detailsSpread shown up-front.
No surprise FX margin tucked into a “great rate.” You see what the chain charges. You see what we keep.
Rate shown up-front. Same rate Reuters quotes, plus our 2.5% spread.
Same up-front display. No hidden FX margin on your statement.
Whatever the chain charges (gas / TRX). No Wam markup.
Shown before you confirm. No additional Wam processing fee.
Compare on arrival amount, not advertised fee.
Most services hide the real cost in FX margin. Look at what actually lands on the other side.
Western Union and bank wire numbers reflect typical published rates as of May 2026 for the corridors compared. Your bank’s actual fees may differ; the methodology is consistent (advertised fee + observed FX margin).
Plain-English answers.
What does sending money to another Wam user cost?
Nothing. Wam-to-Wam payments are free, whether you're paying a friend in T&T, a vendor at the market, or a Wam Shop merchant. TTD or USD.
Why is there a fee on card top-ups but not on Wam-to-Wam sends?
When you fund your Wam with a card, we pay Visa, Mastercard, and our card processor for that transaction. Those costs are passed through (2.5% + $0.22 USD / TT$1.50 fixed). Wam-to-Wam happens entirely on our rails, so there's no card-network cost to pass on. ACH, FPS, SEPA, and on-chain top-ups are also free.
What do merchants pay per transaction?
A flat 3.0% + TT$1.50 on every card transaction. No tiers, no volume discount, no account manager to negotiate with. Same rate on the first sale as on the ten-thousandth.
What does "mid-market rate" actually mean?
It's the wholesale rate banks and FX desks see, what Reuters and Google quote. Most consumer remittance services add a hidden 3-5% margin on top of this rate and call it "no fee." Wam shows the mid-market rate AND the spread (the amount we keep to cover the cost of moving the money) on the same screen before you confirm.
What about hidden fees, monthly minimums, or terminal rental?
There aren't any. No monthly subscription, no statement fee, no PCI fee, no terminal rental, no inactivity fee, no chargeback monthly minimum. The fees listed on this page are the only fees you'll ever pay.
Can I see the fee before I confirm a transaction?
Always. Every payment, top-up, conversion, withdrawal, or transfer shows the exact fee (and exchange rate if relevant) on the confirmation screen. You see what we keep, and you see what arrives at the other end.
Are these fees the same everywhere in the Caribbean?
The percentage and fixed fees are the same. Where they differ by country is the currency they're charged in (TT$1.50 vs $0.22 USD, for example) and which payment rails are live in your country. See our coverage page.
How do I know I'm getting a good rate vs my bank?
Quote it both ways. Open your bank's transfer screen, then open Wam, and compare the amount that arrives at the destination, not the fee in the middle. Banks usually win the fee comparison and lose the arrival-amount comparison badly because of FX margin.
No surprises. Just the numbers.
Open a Wam in 30 seconds. See every fee before you confirm, every time.