1. Bank Transfer (Preferred)
Bank transfer is our recommended payment method at BaxEDM due to its cost-effectiveness and simplicity. We accept both SEPA and SWIFT transfers, depending on your location:
SEPA (Single Euro Payments Area) Transfers:
- Availability: Within Europe
- Transaction Fee: Free
- Processing Time: Typically 1 business day
SEPA transfers are a fast and reliable way to make payments within Europe, with no additional costs involved.
SWIFT Transfers:
- Availability: Outside of Europe
- Transaction Fee: Approximately 50 Euros (fees may vary based on your bank)
- Processing Time: 3-6 business days
For our international customers outside of Europe, SWIFT transfers are available but may take longer and involve higher fees. Please be aware that these fees are set by the banking institutions, not by BaxEDM.
2. Credit Card
For those who prefer to pay using a credit card, please note that BaxEDM is required to pass on the transaction fee charged by the credit card companies. These fees are high, we do our best to keep them as transparent as possible.
Unfortunately, BaxEDM can tell from experience that credit card payments are not trouble-free. Our invoices often exceed the daily card limit, and the high amount, combined with it being an international transaction, frequently causes the credit card company to flag the payment as suspicious, leading to a block. If you intend to pay by credit card, we strongly recommend calling your card company before making the payment and informing them about the upcoming transaction to prevent this from happening.
- Transaction Fee: 4%
- Accepted Cards: Visa, MasterCard, American Express
- Processing Time: Instant
3. PayPal
PayPal is a convenient and widely used payment method, but by far also the most expensive payment option. To cover the fees that PayPal charges BaxEDM, we must include a 5.5% transaction fee on all PayPal payments from outside of Europe.
- Transaction Fee: 5.5%
- Processing Time: Instant
4. Wise (Formerly TransferWise)
We also accept payments through Wise, a secure and cost-effective way to transfer money internationally. Wise often offers better exchange rates and lower fees compared to traditional banks, making it a great choice for our international customers.
Wise does require you to have a Wise account, or setup one if you do not have one. Setting up a new account takes some time, especially for US based customers due to the archaic nature of the US banking system.
- Transaction Fee: Very low, approximately a few dollars
- Processing Time: Instant
Why We Recommend Bank Transfer
While we offer multiple payment options to suit your needs, we strongly encourage using bank transfer to avoid the extra costs associated with credit card and PayPal transactions. Bank transfer is the most straightforward and cost-efficient method, both for you and for BaxEDM.
If you have any questions or need assistance with your payment, please don’t hesitate to contact our support team.
Thank you for your understanding and for choosing BaxEDM!