Collecting Seller Fees

Learn how to configure what fees your platform charges against sellers for processing payments.

The fees that are charged against sellers gets determined by the Fee Profile of the seller. A fee profile lists each fee type and the amount to charge the seller when the fee gets triggered.

Different events in Finix will trigger fees to get charged. Most of them are triggered when a Transfer moves to SUCCEEDED. We provide a Fee Profile Merchant report that details all the fee profiles configured across all Merchants.

Card Fees

Field	Description
`basis_points`	Percentage-based fee incurred against the full amount of each card-based `Transfer`. Calculated as one hundredth of one percent (1 basis point = .0001 or .01%).
`fixed_fee`	Fee in cents incurred for each individual card-based `Transfer`.
`charge_interchange`	Set to True to incur interchange fees for card-based `Transfers`.
`rounding_mode`	Pass in AGGREGATE if you want to round after the settlement calculation. Default is rounding before the sum of the settlement calculation (i.e. round each fee transfer).
`tags`	Key value pair for annotating custom meta data (e.g. order numbers).
`cross_border_fixed_fee`	Fee in cents incurred for each individual card-based `Transfer` that is deemed to be cross-border (Non-US).
`cross_border_basis_points`	Percentage-based fee incurred against the full amount of each card-based `Transfer` that is deemed to be cross-border (Non-US). Calculated as one hundredth of one percent (1 basis point = .0001 or .01%).
`ancillary_fixed_fee_primary`	Fee in cents incurred for each individual `Transfer`.
`ancillary_fixed_fee_secondary`	Fee in cents incurred for each individual `Transfer`.

Card Brand Specific Fees

Visa

Field	Description
`visa_basis_points`	Percentage-based fee incurred against the full amount of each Visa `Transfer`. Calculated as one hundredth of one percent (1 basis point = .0001 or .01%).
`visa_fixed_fee`	Fee in cents incurred for each individual Visa `Transfer`.
`visa_charge_interchange`	Set to True to incur interchange fees for Visa `Transfers`.
`visa_assessments_basis_points`	Applies to all Visa credit transactions.
`visa_acquirer_processing_fixed_fee`	All U.S.-based credit card authorizations acquired in the U.S. regardless of where the issuer/cardholder is located. If your business is based in the U.S., the acquirer processing fee will apply to all Visa credit card authorizations.
`visa_credit_voucher_fixed_fee`	Applies to refunds.
`visa_kilobyte_access_fixed_fee`	Charged on each authorization transaction submitted to Visa's network for settlement.
`visa_base_II_system_file_transmission_fixed_fee`	Applies to all Visa transactions and is charged in addition to other transaction-based assessments.
`visa_base_II_credit_voucher_fixed_fee`	Applies to all U.S.-based refunds.

Mastercard

Field	Description
`mastercard_basis_points`	Percentage-based fee incurred against the full amount of each MasterCard `Transfer`. Calculated as one hundredth of one percent (1 basis point = .0001 or .01%).
`mastercard_fixed_fee`	Fee in cents incurred for each individual MasterCard `Transfer`.
`mastercard_charge_interchange`	Set to True to incur interchange fees for MasterCard `Transfers`.
`mastercard_assessments_under1k_basis_points`	Assessment applies to Mastercard transactions less than or equal to $1,000.
`mastercard_assessments_over1k_basis_points`	Assessment applies to Mastercard credit sale transactions greater than $1,000.
`mastercard_acquirer_fees_basis_points`	Fee is assessed on a business's gross MasterCard processing volume. This fee varies per acquirer based on MasterCard's assessed charge as it's distributed across the acquirer's portfolio of merchants. Generally, the ALF fee is a fraction of a basis point. For example, 0.0045%, 0.0075%, etc. are examples of a likely ALF fee.

American Express

Field	Description
`american_express_basis_points`	Percentage-based fee incurred against the full amount of each American Express `Transfer`. Calculated as one hundredth of one percent (1 basis point = .0001 or .01%).
`american_express_fixed_fee`	Fee in cents incurred for each individual American Express `Transfer`.
`american_express_charge_interchange`	Set to True to incur interchange fees for American Express `Transfers`.
`american_express_assessment_basis_points`	Applies to gross American Express card volume.

JCB

Field	Description
`jcb_basis_points`	Percentage-based fee incurred against the full amount of each JCB `Transfer`. Calculated as one hundredth of one percent (1 basis point = .0001 or .01%).
`jcb_fixed_fee`	Fee in cents incurred for each individual JCB `Transfer`.
`jcb_charge_interchange`	Set to True to incur interchange fees for JCB `Transfers`.

Discover

Field	Description
`discover_basis_points`	Percentage-based fee incurred against the full amount of each Discover `Transfer`. Calculated as one hundredth of one percent (1 basis point = .0001 or .01%).
`discover_fixed_fee`	Fee in cents incurred for each individual Discover `Transfer`.
`discover_charge_interchange`	Set to True to incur interchange fees for Discover `Transfers`.
`discover_assessments_basis_points`	Assessment applies to gross Discover card transaction volume.
`discover_data_usage_fixed_fee`	Applies to all U.S.-based authorization transactions.
`discover_network_authorization_fixed_fee`	This fee will apply to all Discover network authorizations and will replace the previously assessed Data Transmission.

Diner's Club

Field	Description
`diners_club_basis_points`	Percentage-based fee incurred against the full amount of each Diners `Transfer`. Calculated as one hundredth of one percent (1 basis point = .0001 or .01%).
`diners_club_fixed_fee`	Fee in cents incurred for each individual Diners `Transfer`.
`diners_club_charge_interchange`	Set to True to incur interchange fees for Diners `Transfers`.

ACH Fees

Field	Description
`ach_fixed_fee`	Fee in cents incurred for each individual `Transfer`.
`ach_basis_points`	Percentage-based fee incurred against the full amount of an ACH (eCheck Debit). Calculated as one hundredth of one percent (1 basis point = .0001 or .01%).
`ach_basis_points_fee_limit`	Maximum `ach_basis_points` fee (in cents) incurred for each individual `Transfer`.

ACH Return Fees

Field	Description
`ach_debit_return_fixed_fee`	A fixed amount (in cents) that will be charged to the seller for receiving an ACH Debit Return.
`ach_credit_return_fixed_fee`	A fixed amount (in cents) that will be charged to the seller for receiving an ACH Credit Return.

Dispute Specific Fees

Field	Description
`dispute_inquiry_fixed_fee`	Applied when a dispute is created in state INQUIRY.
`dispute_fixed_fee`	Applied when a dispute is created or moved to state PENDING.