Wrong fees being charged
ScirraTom
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Posted on
Feb-11-2012
05:38 AM
Our rate apparently on the fees page is set to 1.9%
How come then there are multiple transactions where the amount charged is $79 but $2.99 is deducted in fees? That's nearer 4%.
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Mar-21-2012
07:48 AM
Hi ScirraTom,
If you are on set of 1.9% that would mean that you are on merchat rates.
Once you receive the Merchant Rate:
- · Your receiving fee will automatically be adjusted at the beginning of each month to reflect the previous month's payment volume
- · If you fall below the Merchant Rate threshold in any given month, you don't need to re-apply
- · The rate you receive will be automatically assigned based on the previous month's payment volume
I hope this helps
Paula

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