We price the transfer near cost. Here is what we live on.
We have not launched. Pesito moves no money today and charges nothing. This page explains what the company will live on once it does, with the same clarity we give the price. A fee this close to cost is only believable when you can see the business behind it.
The transfer is the hot dog. The interest on balances is the membership.
Costco has sold its hot dog for $1.50 since 1985 and has never had to raise it, because everyone knows where the money comes from: the memberships. Pesito's remittance is our hot dog. The 1% capped at $1 USD is meant to cover the cost of moving the money, and nothing more. We can hold it there for two reasons. The settlement rail is ours, Puente Railway. And the money is made elsewhere: on the yield from balances, and later on optional products each person decides whether to use. That interest is what pays for the company, and we publish it here.
Yield on balances.
When we launch, the money you keep in Pesito will not sit on our balance sheet. It will sit in an account held for the benefit of customers (an FBO account) at a licensed financial institution in the United States. That institution pays interest on the pooled balance. That interest is Pesito's revenue. That is the membership.
Said in full: your Pesito balance does not earn interest for you. Pesito collects the interest. If we ever offer a savings product that does pay you, it will be a separate product with a published rate, and you decide whether to use it.
We are not publishing the number yet. The agreement with the institution is being negotiated and the rate depends on it. When it is signed, we will publish the basis it is calculated on here. What we publish today is the mechanism, so nobody has to guess.
The exchange rate.
There is no Pesito markup in the exchange rate. We quote against a public mid-market reference. If a margin ever existed, it would appear as its own line before you confirm. Never inside the rate.
The reference we plan to use is the FIX rate published by Banco de México every business day. How we average it across the life of a quote is not settled yet. As of September 4, 2026 we are still working on it, and it will be written into pricing.txt before launch. We would rather say it is missing than make it up.
Why it matters this much: a spread in the exchange rate is the fee you cannot see. It is what our founder's grandfather paid at the counter: he was told one fee and charged another inside the rate. That is the cost Pesito exists to remove.
Three optional products. None of them exists yet.
- Card interchange. If we ship a debit card (Phase 2 of our roadmap), every purchase leaves a fee paid by the merchant, not by the person using the card. It is revenue for Pesito at no cost to you.
- Optional credit. Pesito offers no credit today and no credit product has been decided. If one ever exists it will be optional, with its rate and terms published before anyone can apply.
- Savings. A product that does pay you a return on your money, country by country where the law allows it. A product separate from your everyday balance, with a published rate. We will not advertise a rate before the legal structure exists.
The rule for all three: optional, priced in the open the day they ship, and never hidden inside the remittance.
Our own rail, money made elsewhere.
Renting a rail costs per transaction. That is why traditional fees start at several dollars or grow with the amount. Puente Railway is ours: the cost of moving one transfer does not grow with the amount, so the price does not either. And because the money is made on balances and, later, on optional products, the remittance does not have to turn a profit. Those two facts together are what make 1% with a cap possible.
Before launch, it only moves down.
1% with a cap is planned launch pricing. Before launch, any change moves in one direction only: down. The price we launch with is the price.
After launch, two things could force it up. One: moving money over the rail costing us more than we charge, for a sustained period. Two: a legal requirement imposing a cost that does not exist today. If that happens we will say so here first, with a date, the new number and the reason, before it applies. We will never hide it in the exchange rate. And there will never be a welcome rate that quietly gets worse.
The person setting the fee knows what it costs.
Our founder, Isaias Hernandez, grew up in Washington state working in the fields. He stood in remittance lines with his grandfather and watched the fee and the rate take a slice out of the week. He built Pesito because he was on the customer side of that counter first. That is why the price will still be there when we no longer need new customers. It is the reason the company exists.
All of this, in a format a machine can read.
The fee formula, worked examples to the cent, the full fee table with its zeroes, the license status and this same explanation live in a dated text file. If a comparison service finds a difference between that file and the site, we want to hear about it.