Articles on: Payouts

CosmoPayment (ewallet + card)

FairPay charges a Transfer Fee of $2 per CosmoPayment payout.

What is CosmoPayment



CosmoPayment is a famous payout method in the industry. They provide you with a wallet app and a card to spend your earnings, making getting paid in many countries convenient.

For more information, please check out their website: https://www.cosmopayment.com/

Transfer Fee



We charge you a $2 Transfer Fee per payout when using CosmoPayment.

Please note that we may also charge a Conversion Fee if we have to convert your earnings before paying you out.

Payouts in US Dollars



We only payout in US Dollars to CosmoPayment accounts.

Your CosmoPayment account only holds US Dollars; the money will be converted (with a fee) when you withdraw it at the ATM or pay with your card in another currency.

👉 If you would like a wallet + card that defaults to Euros, we recommend YourSafe instead.

CosmoPayment Fees



CosmoPayment also charges you fees for using their services (FairPay has no control over those fees).

As of the 26th of May 2023, their main fees are:

- $12.95 to get the card
- $3 per month
- $3 per payment you receive
- $3.15 per ATM withdrawal

Please note that currency conversions are expensive with CosmoPayment: up to 3.5%.

Updated on: 25/09/2023

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