Fee Settings

Fee settings define how fees are calculated and applied to transactions.

Fees can have a minimum and/or maximum transaction amount that determines the range in which they are applied. If no limits are specified, the fee applies to all transactions. A fee can be set for a certain currency unit, if a currency unit isn't provided the fee will apply for all currencies. Every fee setting is assigned to a tenant and the setting applies to his associated merchants.

Fee Settings Targets

There are two main types of fee settings:

1. CUSTOMER:
   • These settings are created for a specific customer.
   • Customer-specific settings take precedence. If both customer and provider settings exist for the same scenario, the customer setting will be applied.
2. PROVIDER:
   • These are created for a specific provider.

Fee Types

Fees can be calculated using the following methods, listed in order of their application:

1. MARKUP:
   • A fee applied as a margin added to the base rate of the transaction.
2. FLAT:
   • A fixed fee amount applied to the transaction.
3. PERCENTAGE:
   • A fee calculated as a percentage of the transaction amount.