Fees refers specifically to any additional amount sent in with a sale. Fees are sent in via the API and are not controlled or assessed by PaidYET in any way. PaidYET supports two types of fee models: Partner and Transaction.
Partner Fees
There are three Partner Fee options, all use partner_id for tracking but are utilized based on how Partners prefer to operate:
1. Partner bills Merchant
Fees solely captured and reported on but nothing is charged or paid by PaidYET.
2. PaidYET bills Merchant
PaidYET debits merchant the total Partner Fees at end of month and passes to Partner
3. PaidYET pays Partner
PaidYET splits the Partner Fee from transaction and passes it to partner at time of deposit (for PayFac sub-merchants only)
Transaction Fees
Transaction Fees utilized via the API are solely for reporting purposes only. This field can be valuable when an additional amount is added on top of the sale amount but only reporting of those totals is needed, not any distribution. These fees may include items such as: Shipping, handling, convenience, processing, etc. partner_id should NOT be used when utilizing this option.
Properties
| Property | Type | Description | Example |
|---|---|---|---|
amount | Number(float) | Total amount to be added to the transaction's amount. | 1.99 |
description | String | A brief note on what the fee is for. | "sanitation fee" |
partner_id | String | An optional partner ID supplied by your payment facilitator. If you do not know what this is, please do not specify. | "1234567890" |
Example
{
"amount": 1.99,
"description": "sanitation fee",
"partner_id": "1234567890"
}