How to setup Transaction Fees?

Transaction fees are always charged by 3rd party payment providers and rates can vary per provider. 

Capturing these accurately ensures your contribution margin reflects the true cost of every sale across all your payment providers.

Step 1: Navigate to the Transaction Fees page and click add

• On this page you can add your first payments aggregator and capture the corresponding fees per payment aggregator 
• Add all the payment aggregators that you use on your stores and then allocate the percentage transaction fee per payment aggregator.

Step 2: Set up an Other payments aggregator

• This is a functionality that was built to ensure that if you add a new payments aggregator and haven't added it to your Finzite account then the value will still be captured.
• If you receive payments through a provider not listed in Finzite, the Other payments aggregator ensures those transaction fees are still captured in your contribution margin calculations.