Wrong fees being charged

ScirraTom
Contributor
Contributor

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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1 REPLY 1

PayPal_paula
Moderator
Moderator

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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