Use Case: Set Up Transaction Fees
You can charge a fee on a per-transaction basis to generate revenue through your account for every transaction that is authorized or captured by a Merchant. You can apply a transaction fee to an individual Merchant account, or set up a fee that applies to a group of Merchants. This tutorial will walk you through the steps to create a new transaction fee for either a single Merchant or a group.
Objective
Create a new fee that will trigger when one of your Merchants performs a transaction.
Audience
Facilitators
Referrers
Environment
Portal (Sandbox)
Portal (Production)
Prerequisites
Prerequisites:
You must have a fully boarded Payrix account to perform any of the actions described in the use case guides.
Make sure you’re familiar with the following terms and information:
Fee Types - The different categories of fees that can be created and charged.
Fee Structure - Overview of the basic layout for a Fee configuration.
Fee Schedules - Available time or event-based triggers used to initiate a Fee charge.
Fee Rules - Options to further refine the criteria of the Fee Schedule.
Fee Modifiers - Options to redirect the Fee collection flow and who will pay the Fee.
Fee Collection Process - Overview of how Fee payments are collected and where they can be found.
Warnings
Warnings will provide insight or advice to avoid issues related to risk, visibility, and overall product performance during this use case.
Warning: Some transaction fee configurations can cause legal complications, so it is important to ensure that the fee is configured correctly. See the Fee Type Setup section on the Create and Apply a Fee page for more information.
Tips
Tips will provide suggestions to streamline or better prepare you to apply this use case.
Additional Resources
For more information about fees and your account, see the Fee Management page.
Set Up Transaction Fees
Set Up a Transaction Fee for a Group of Merchants
Set Up a Transaction Fee for an Individual Merchant
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Next Steps
Once the new fees are added, review the following use case guides for additional information on related topics:
Set Up A Convenience Fee: Set up a convenience fee for a Merchant account or group using the Set Up Convenience Fees use case.
Enable Transaction Event Alerts: Create an email alert that will trigger when a transaction is created or updated by you or one of your users using the Enable Transaction Event Alerts use case.
Conclusion
Once the fees are created, they will automatically trigger any time an associated Merchant performs a transaction authorization or capture.
References
Click the links or items below to access any of the following pages:
Groups page [Referrer][Facilitator]
Group Profile page [Referrer][Facilitator]
Fees menu [Referrer][Facilitator]
Merchants page [Referrer][Facilitator]
Merchant Profile page [Referrer][Facilitator]