How does KrillPay make money

Modified on Sat, 24 Jun 2023 at 01:31 PM

We make money by charging instant withdrawal fees. Let's say you have $100 in your KrillPay wallet and you want to withdraw the $100 to your external bank account, you will have two withdrawal options. 

The first option is standard ACH. This option can take between 2 to 3 business days to have the fund deposited into your bank account. This option is free. 

The second option is instant withdrawal. If you select the option, then the fund will be available in your bank account the same day. We will charge you 1.5% of the withdrawal amount. 

Charging from instant withdrawal is one of our main revenue streams.

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