Tariffs and balance
Since the peculiarity of our payment service is the acceptance of payment directly to the user's (seller's) wallets - the service cannot automatically write off the commission directly from the payment. Therefore, we have implemented a mechanism where the commission is calculated and deducted from the internal balance in the personal cabinet. The user needs to refill the internal balance from time to time, so that it does not become negative and the service functions are not blocked
How commission is calculated
Commission is calculated for each project individually
Once a week at 00:00 (UTC) Monday, the service summarizes the receipts of all paid project invoices for the last 30 calendar days
Sets the project tariff according to the following grid:
From $0.00
1,00%
From $1,000.00
0.90%
From $5,000.00
0,80%
From $10,000.00
0,70%
From $50,000.00
0,60%
From $100,000.00
0,50%
The commission is debited not immediately, but once at the end of the day
Party paying the commission
You can choose the commission payer side in the settings of each project. It can be:
Seller - the commission does not increase the invoice amount. The buyer pays the amount that the seller specified when invoice creation. In this case, the commission is fully charged to the seller
You can choose the commission payer side in the settings of each project. It can be: Seller - the commission does not increase the invoice amount. The buyer pays the amount that the seller specified when invoice creation. In this case, the commission is fully charged to the seller Buyer - the commission is calculated from the amount of the invoice and the invoice is increased by the amount of the commission. Thus the commission is compensated by the buyer
Internal balance
The service has an internal balance, from which the commission is deducted from paid invoices and for additional services. If the internal balance of the account becomes negative - the following restrictions will be applied:
Prohibition of new invoice creation
After reaching a positive balance, all restrictions are removed instantly.
Internal balance can only be refilled and used for payment of commissions and additional services. It is impossible to withdraw funds from the internal balance
Example
In the project settings the payer side is specified: Buyer
Tariff for the project is set: 1%
Create an invoice for $100
The service generates an invoice for payment of $100 + 1% commission = $101
The buyer pays 101 USDT, the seller receives 101 USDT on his wallet
At the end of the day the service will deduct $1 commission from the internal balance
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