Hi there,
As per my knowledge the overall cost for each online transaction is referred to as the Processing Fee and it includes two fees:
Percentage Fee – Based on the transaction total, this fee is collected once.
Transaction Fee: This is a set fee depending on the number of transactions.
Calculating the processing fee is done using the following formula:
(order amount * percentage fee) + (transaction fee * the number of transactions).
So, we cannot just use the unitary method to calculate the processing fee for ₹10,000. You will also have to provide details about the order amount, percentage fee, transaction fee and the number of transactions.
I hope this helps you.
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If the processing fee of 2 lakh 20 thousand is 14,000 then what is the processing fee of 10 thousand
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2022-09-05T11:24:13+00:00 2022-09-05T11:24:14+00:00Comment
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