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  • Assessment - A record of fees charged by processors or other third parties to Entities or Groups.

  • Fee Modifier - A configuration to change the entity being charged a fee or add markup to a fee.

  • Fee Rule - A conditional logic setup used to refine the circumstances resulting in a charged fee.

  • Fee Schedule - The time interval or event that determines when this Fee is triggered to be charged.

  • Fee Trigger - Another name for Fee Schedule (as shown by the “When to trigger a fee” field in the Portal.)

  • Fee Listener - A layer of Fees triggered per transaction when an applicable fee type is submitted.

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Tip

Jump Ahead: If you’re already familiar with the Fee structure and terminology and are seeking new Fee setup steps, skip ahead to the relevant guide for your preferred implementation method: