An electronic payment to the merchant is initiated when an eGift card is paid for by the purchaser (when purchased or redeemed - depending on the type of eGift card).
If we have configured your private merchant account with your online eGift shop then payments are deposited directly into your bank account by the payment processor. Otherwise, an electronic payment is issued either daily or weekly for eGift cards sold.
Transaction fees - If you've selected the monthly subscription or are using a private merchant account, a 3% payment process fee is charged for each eGift card sold. If you select the Flat Commission/Share-of-Sale plan, a flat 10% commission is charged for each eGift cards sold and no other fees apply.