Setting transaction fees for merchants
In the product settings, the transaction fees can be set by you.
- Your buy rate (set by Payrexx) = 1.7% + 0.20 EUR (per transaction for Visa and Mastercard)
- Merchant price (final transaction fee, set by you) = 2.2% + 0.30 EUR
- Your share = 0.50% + 0.10 EUR per transaction
*The merchant pricing can be set within the product settings under the relevant fields (shown in the picture below)
- Visa, Mastercard and the wallets like Apple Pay and Google Pay have different prices depending on the region from which the end customer's card originates.
- There are: Domestic (CH cards), Intra (EU cards) and Inter (non-European cards).
- Please note that Inter transaction fees have a higher fee than the others, make sure that you set a pricing which is higher than your buy rate for inter payments.
Last modified 1yr ago