Overview
Pricing and fees
Soca pricing in one table: 1.5% when a business gets paid (and customers pay 1% less with a Soca account, online or in person), free personal transfers, free refunds, and no chargebacks, with no monthly or setup fees.
Soca charges one simple fee when a business gets paid, and nothing otherwise. Customers signed in to a Soca account pay 1% less than the listed price, with the discount taken off the total right on the receipt. This page lists every fee that exists and confirms the ones that don't.
What does Soca cost?
| Payment type | Business receives | Customer pays |
|---|---|---|
| Online, paid with a Soca account (checkout, invoices, subscriptions) | $98.50 on a $100 sale (price − 1.5%) | $99 on a $100 purchase (1% less) |
| Online, paid from a connected wallet (no Soca account) | $98.50 on a $100 sale (price − 1.5%) | The full listed price ($100 on a $100 purchase) |
| In-person (scan a QR at the counter) | $98.50 on a $100 sale (price − 1.5%) | Same as online: $99 with a Soca account, $100 from a connected wallet |
| Personal transfers (sending money to people) | Free | Free |
| Refunds | No fee: only the amount refunded | Nothing |
| Chargebacks | None: chargebacks do not exist on Soca | Not applicable |
The 1% discount is Soca’s cost, not yours
On a $100 sale the customer pays $99 with a Soca account or $100 from a connected wallet — but either way you receive $98.50 (the $100 price minus the 1.5% fee). Soca funds the customer’s 1% discount out of its own fee; it never comes out of your share. The discount brings you customers at no cost to you.
No fixed costs
No monthly fee, no setup fee, no minimums, no per-seat pricing. Every product, from checkout and subscriptions to analytics and the API, is included. Soca only makes money when a business does.
How does the 1% customer discount work?
When a customer pays with their Soca account, the checkout applies a 1% discount to the listed price before the payment is made. A $100.00 purchase costs $99.00. It is not cashback and not a rewards balance: there is nothing to accrue, claim, or redeem. The price is simply lower, and the receipt shows it.
Who gets the discount?
The discount is a Soca account benefit: it applies when you are signed in to a Soca account and paying from a wallet registered to it. Paying from a connected wallet without a Soca account works exactly the same way, at the full listed price. The business pays the same 1.5% either way, so a customer without an account costs the business nothing extra.
The business's 1.5% platform fee is charged on the listed price, not the discounted one, and settles to the business in the same moment the customer pays. Soca covers the 1% discount out of its own fee, so the business receives the same net whether or not the customer used their Soca account. It works the same online and in person: paying with a Soca account takes 1% off the listed price, paying from a connected wallet pays the full price, and the business pays 1.5% either way.
Why can Soca be cheaper than cards?
A card payment is split between the issuing bank (interchange), the card network, and the payment processor, which is why cards typically cost 2.9% + 30¢ per transaction, settling in days. A Soca payment has none of those intermediaries: money moves directly between two wallets on a public network whose per-transaction cost is a fraction of a cent (and Soca sponsors even that).
The other structural saving is fraud economics. Payments are push-based wallet transfers, so card-style chargebacks (and their fees) do not exist. That removes the chargeback fees, dispute operations, and fraud-reserve overhead that card pricing has to cover. The result is a margin wide enough to charge the business less and discount the customer's price at the same time.
Are there any hidden costs?
- Network fees: none for customers. Customers never pay network fees. Soca sponsors gas on every transaction.
- Currency conversion: none within Soca. Everything is priced, paid, and settled in USDC, a fully-backed digital dollar, so $1 in is $1 out.
- Payout or withdrawal fees: none, because there is no payout step. Funds settle directly to the business's own wallet inside the payment transaction.
- Refund fees: none. A refund is a new merchant-signed USDC transfer back to the customer, never a reversal, always visible on-chain.
Fees are disclosed at checkout and itemized on every payment record, so what you see in the dashboard is exactly what happened on the network.
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