Setting transaction fees for merchants
Last updated
Last updated
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.
