Transfers and Related Fees - Example
An explanation of transfers amount and related fee calculations.
Available in
India
Malaysia
Following are examples of transfers to Linked Accounts and how Payment Gateway and transfer fees apply to the transactions.
In this example, you are making a transfer to a single Linked Account. Following are the details:
- Payment Amount = RM100.00
- Payment Pricing Plan = 2%
- Transfer Fees = 0.25%
- Your Commission = RM10.00
- Amount Transferred to Linked Account = RM90.00
| Transaction Details | Your Account Balance (RM) |
|---|---|
| Payment received from Customer | 100.00 |
| Gateway Fee Charged on Capture Payment Amount * Pricing Plan 100 * 2/100 | -2.00 |
| The Account Balance after deduction | 98 |
| Transfer Fee Charged Transfer Amount * Pricing Plan 90 * 0.25/100 | -0.22 |
| Amount Transferred to Linked Account | -90.00 |
| Final Account Balance | 7.78 |
In this example, you are making transfers to two Linked Accounts. Following are the details:
- Payment Amount = RM100.00
- Payment Pricing Plan = 2%
- Transfer Fees = 0.25%
- Your Commission = RM10
- Amount Transferred to Linked Account 1 = RM30.00
- Amount Transferred to Linked Account 2 = RM70.00
| Transaction Details | Your Account Balance (RM) |
|---|---|
| Payment received from Customer | 100.00 |
| Gateway Fee Charged on Capture Payment Amount * Pricing Plan 100 * 2/100 | -2.00 |
| The Account Balance after deduction | 98.00 |
| Linked Account 1 Transfer Fee Charged Transfer Amount * Pricing Plan 30 * 0.25/100 | -0.075 |
| Amount Transferred to Linked Account 1 | -30.00 |
| Net Account Balance | 67.92 |
| Linked Account 2 Transfer Fee Charged Transfer Amount * Pricing Plan 70 * 0.25/100 | -0.175 |
| Amount Transferred to Linked Account 2 | -70.00 |
| Final Account Balance | -2.25 |
The transfer happens only if you have an account balance equal to or greater than RM2.25.
Was this page helpful?
route
split payments
transfers and fees examples