What is the Payment Gateway Fee?

Payment Gateway Fees are prices that the Payment Option charges when using their services. The following are the available payment options and their corresponding transaction fee.

Payment Option	Transaction Fee
Visa & Mastercard	3.3% per Transaction (Min Php 15) *Plus 1% for International Cards
Bank Transfers	1% per Transaction (Min PhP 15)
E-wallets (GCash/PayMaya/GrabPay)	2.5% per Transaction
Over the Counter (7-Eleven)	1.5% per Transaction (Min PhP 15)

Sample Computation:

Given:

Total Order price: 1000
Shipping Fee: 100

Grand Total of Merchant Fees: 1100

Credit / Debit Card	Computation
Gateway Fee Formula:	( 3.3% of Grand Total of Merchant Fees )
Solution:	= ( ( 3.3 / 100 ) * 1100)
	= 0.033 * 1100
Payment Gateway Fee:	= 36.30

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Happy Selling!