Pitney Bowes® PrePay Fee's Explained

An explanation of any fees that may be charged on a Pitney Bowes® PrePay account.
Meter Reset Charge:  A meter reset fee is applied anytime postage is added to your meter. The amount charged for each transaction is determined when the Pitney Bowes contract is signed. 
💡Tip: Avoid incurring multiple fees by downloading enough postage to last you a month or quarter, depending on your business needs. 

Late Payment Fee: A late payment fee is applied when the 'Minimum Payment' due is not received by the due date. When making a payment please allow 5 working days for your payment to reach us.
💡Tip: Avoid incurring Late Payment Fee's by setting up a Direct Debit

Daily Interest: Daily interest is applied to your account if the balance is not paid in full by the due date. Interest is calculated from the date a transaction occurred.

Insufficient Funds Overlimit Fee: An overlimit fee is applied when a postage advance is provided. The charge is calculated at 3% of the amount advanced.
💡Tip: If a postage advance is frequently required, consider increasing your Agreed PrePay Balance to an amount that will accommodate your monthly business needs.

Activity Fee(where applicable): These are charged for the use of the SendPro Application. The amount being the greater of £1 or 1% of the total amount of the transactions through the SendPro Application billed to your account, in the relevant billing period.

UPDATED: 08 November 2022