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 walks you through the steps to create a new transaction fee for a single Merchant or a group.
Partial view of the Fees tab.
Objective
Create a new fee that triggers when one of your Merchants performs a transaction.
Audience
Partners
Environment
Portal (Sandbox)
Portal (Production)
Prerequisites
Notes
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-based 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
Important notes
Important!
Refer to each card brand and processor’s policies on transaction fees to ensure compliance.
Tips
Tip
If you’re unsure of how much to charge for a specific fee type, refer to the Visa and MasterCard card brand network guidelines.
Tip
Setting up a group fee is recommended. This way, any Merchants boarded to that group in the future will automatically incur the same transaction fee as soon as they begin processing payments.
Tip
To trigger a fee when a refund transaction is processed, select REFUND from the When to Trigger the Fee dropdown menu. You can set up a refund trigger in addition to the authorization trigger.
Additional Resources
See the tips below to help you get started.
For more information about fees and your account, see Fee Management.
Note
Creating a transaction fee uses a two-part fee setup that involves the creation of multiple fees:
Set up a flat rate fee for all credit card authorizations.
Set up a percentage fee for credit card captures.
This model most closely resembles industry-standard payment processing fees: Flat Fee + % of the transaction total.
Set Up Transaction Fees
Ensure that you complete all tasks in a section to enable the respective fee.
Set Up a Transaction Fee for a Group of Merchants
Open the Group Profile
Click GROUPS in the left navigation panel to open the Groups page.
Locate the group in the table and select any information in the table row to open the Group Profile page.
Add a Flat Rate Fee to All Credit Card Authorizations
Click FEES in the list of tabs on the left-hand side of the page.
Click ADD FEE in the upper-right corner of the page to open the Add Fee lightbox on the page.
Click the When to Trigger the Fee dropdown menu and choose AUTH.
Click the How Much is the Fee dropdown menu and then select ACTUAL.
Enter the fee in the Amount field.
(Optional) Click ADVANCED OPTIONS to open the Advanced section, where you can add a charging entity, collection information, or conditional rules for the fee.
Click ADD to finish the setup.
Result: The fee is now visible in the Group Profile “Fees” tab and will trigger whenever a credit card authorization occurs.
Set Up a Transaction Fee for an Individual Merchant
Open the Merchant Profile
Click MERCHANTS in the left navigation panel to open the Merchants page.
Locate the Merchant in the table and select any information in the table row to open the Merchant Profile page.
Add a Flat Rate Fee to All Credit Card Authorizations
Click FEES in the list of tabs on the left side of the page.
Click ADD FEE in the upper-right corner of the page to open the Add Fee lightbox on the page.
Click the When to Trigger the Fee dropdown menu and choose AUTHORIZATION.
Click the How Much is the Fee dropdown menu and then select ACTUAL.
Enter the fee in the Amount field.
(Optional) Click ADVANCED OPTIONS to open the Advanced section, where you can add a charging entity, collection information, or conditional rules for the fee.
Click ADD to finish setup.
Result: The fee is now visible in the Merchant profile fees tab, and will trigger when a transaction authorization occurs using the alternative payment method.
Add a Percentage Fee to All Credit Card Captures
If you have navigated away from the page, click FEES in the list of tabs on the left side of the Merchant Profile page.
Click ADD FEE in the upper-right corner of the page to open the Add Fee lightbox on the page.
Click the When to Schedule Fee dropdown menu and choose CAPTURE.
Click the How Much is the Fee dropdown menu and then select PERCENTAGE.
Enter the percentage value in the Amount field.
(Optional) Click ADVANCED OPTIONS to open the Advanced section, where you can add a charging entity, collection information, or conditional rules for the fee.
Click ADD to finish setup.
Result: The fee is now visible in the Merchant profile fees tab, and will trigger when a transaction capture occurs using the alternative payment method.
Next Steps
After adding the new fees, 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.
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.
Conclusion
After the fees are created, they will automatically trigger any time an associated Merchant performs a transaction authorization or capture.