Processing fees and rates

Cord combines a software subscription with a processing fee for payments handled by Cord Payments.

Cord Subscription Model

You pay a monthly fee to access the platform (Free, Starter, Pro, Scale, Developer Plans). This fee includes:

• Quote creation and CRM.
• CFDI 4.0 stamping with the SAT.
• API calls and Artificial Intelligence usage. CFDI or AI overages are charged at a fixed cost per folio/usage depending on your plan.

Cord Payments fees

For payments in Mexican pesos, the published fee is:

• Card: 4% + MXN 3 + tax.
• Automatic SPEI: 1% + MXN 7 + tax, capped at MXN 588.12 total per payment.
• Recurring card retainers: 4% + MXN 3 + tax. This figure includes card processing and Cord’s 0.4% margin.

The buyer pays the full amount and funds settle directly into your account. Cord Payments deducts one blended fee and shows you the reconciled net amount. Manual transfers to your usual payout account do not pass through Cord Payments and do not generate this fee.

Existing organizations keep their previous terms until they expressly accept the current transaction-fee terms in Settings › Payments › Fees, in the Cord Payments fee section. On that tab, the Fee by method table always shows what each method in your country costs, also after you accept, and the section tells you which version you accepted and on what date.

Payments outside Mexico

The blended fee above (4%/1% + fixed + tax) is specific to payments in Mexican pesos. For payments in other supported currencies (USD, CAD, EUR, GBP, for accounts in the United States, Canada, Spain, the United Kingdom, Germany, and France), Cord Payments does not currently apply its own processing fee on the charge, with any method: card, bank transfer with a reference in EUR, GBP or USD, or bank debit (SEPA, ACH, Bacs or pre-authorized debit). Only the platform subscription is charged. Bank transfer with a reference and bank debit are new and may not be enabled on your account yet. In Brazil, Colombia, Argentina, Chile, and Peru Cord Payments isn’t available yet: online payment goes through your own Mercado Pago account, with the fees Mercado Pago charges you (Cord adds none), or you record the payment by hand.