- This topic has 7 replies, 5 voices, and was last updated 2 years, 9 months ago by
MVX Support Ninja.
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AuthorPosts
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March 12, 2023 at 9:30 PM #189227
MaxenceTP
ParticipantHello,
In the settings you can choose the transaction fee that is passed on to the seller, however it is a % and fixed amount.
The payment methods PayPal and Stripe do not have the same transaction fees, and even Stripe has several transaction fees depending on the customer’s card.How do I deduct the actual transaction fees from the seller when using Stripe Marketplace / PayPal Split Payment?
Thanks
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March 13, 2023 at 8:22 PM #189263
Justin Harrison
Participant@MaxenceTP
MVX Support can confirm this, but I had to figure this out while I was testing. The payment gateway charge is actually part of the commission payout and not part of the payment by customer. So the gateway charge is not based on orders, but based on payout transactions. So I don’t know if you’ll be able to deduct the transaction fees on each purchase/order based on the customer’s card or anything else since it is only based on the payout transaction, not the purchase/order transaction. In the vendor’s dashboard, the gateway charge won’t show up under their orders. It only shows up under commission transactions. -
March 13, 2023 at 10:38 PM #189265
Sangita Support Squad
KeymasterThanks @ Justin for sharing information and helping others .
We do not charge payment gateway based on orders but by fixing an amount to get a commission for the payouts . So there is no way of deducting the actual transaction fees from the seller when using Stripe Marketplace / PayPal Split Payment
However to understand better about Payment gateway charge in MultiVendorX you can refer to our knowledgebase doc https://multivendorx.com/docs/knowledgebase/payment-gateway-charge/ -
March 20, 2023 at 4:03 AM #189541
MaxenceTP
ParticipantOtherwise, can I set different transaction fees for different payment methods?
For example 2,9% + 0,25€ for Stripe
And 3,5% + 0,30€ for PayPal -
March 20, 2023 at 12:08 PM #189556
NerdySupportExpert Moumita
Keymasteryes, you can do that.
But please note these payment modes are the payment methods of the vendor payout.
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March 22, 2023 at 2:44 AM #189631
MaxenceTP
ParticipantHow can I do that ?
I can only configure it for all payment methods, not by payment method : https://prnt.sc/VW0fOLa9wkQf -
March 22, 2023 at 11:50 AM #189646
NerdySupportExpert Moumita
Keymaster@MaxenceTP, as you can see in the scrrenshot, you have set the gateway fee for stripe. Therefore when vendor will be paid via stripe this amount will be deducted.
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June 14, 2023 at 12:21 PM #193364
MVX Support Ninja
KeymasterHi,
We haven’t heard back from you for a while. So, we presume this issue is resolved. So, we are closing this thread, if you need any further help, please open a new thread.
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