What is Transactional Charge for?

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Multi Vendor Marketplace Plugin | WCFM Marketplace › Forums › WCFM – Marketplace (WooCommerce Multivendor Marketplace) › What is Transactional Charge for?

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  • Author
    Posts
    • January 19, 2020 at 2:12 am #102669
      vanilladev89
      Participant

      Hello

      Just wondering if anyone can tell me the purpose of this charge?
      The fee is taken after commission so I don’t understand why use this instead of just adding to commission?

      Thanks

    • February 7, 2020 at 12:51 pm #106068
      WCFM Forum
      Member

      HI,

      Well, almost every payment gateway deduct some charges from customer payment.

      Example, if you receive $100 in PayPal then some charges will be deducted and rest will be credited in your account. https://www.paypal.com/in/webapps/mpp/paypal-seller-fees

      Now, you may deduct same from vendor’s commission.

      Thank You

    • May 4, 2020 at 10:37 pm #126617
      eritechdeveloper
      Participant

      Hi,

      Please shed a little bit more light on this. Are transactional fees automatically removed from vendors income?

      Thank you

    • May 12, 2020 at 11:36 pm #130190
      eritechdeveloper
      Participant

      Nevermind, I figured it out. Thank you. My fault for missing it.

    • June 8, 2020 at 9:04 pm #139671
      alberto.tonello
      Participant

      Hi @eritechdeveloper can I ask you something? I have the same questions but maybe you now got your answers and maybe you can help me.
      Could you find a way to automatically deduct Paypal transactional fees from vendors income?
      More: will then vendors pay again transactional fees on their income I disburs to them?

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