When it comes to money, KiSSGC keeps their hands out of it. It’s your money you earned it.
The agreement you have with your payment processor is between you and them. Money flows directly from your customer to your bank account through your payment processor. KiSSGC is not involved.
Review your contract with your payment processor for your per transaction fees.
Charges for transaction fees only occur when the customer loads money onto their app to increase their balance.
When a customer draws from the balance, there are no fees. You already collected the money. Same as a physical gift card where the transaction fee is only applicable when the customer loads or adds cash to a gift card. There are no fees when they spend the gift card/balance.
Money reports are available on your backend website under ‘Reports’, you can view:
- Money Added
- Money Spent
- Money Remaining