Payment Processing Fee
This guide explains the concept of payment processing fee and how to transfer this cost to customers.
Step 1: Navigate to the payment methods section. Notice that Stripe charges an extra 3.5%.
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Step 2: Decide to transfer this cost to customers by charging an extra 4% payment processing fee.
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Step 3: Apply this change to customers by clicking on 'Save'. Notice that the customer's total amount due will now include the transaction cost of 4%.
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Step 4: Return to the dashboard.
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Reviewing the Changes
Step 1: Navigate to 'Orders' and select an unpaid order.
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Step 2: Go to the payment link and observe that Stripe now includes an additional 4% payment processing fee. The original price has increased.
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Step 3: Click on 'Pay' to see the new cost of paying for this item.
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Updated on: 12/08/2024
Thank you!