Monetizing Transactions

Originating Transactions with fees

1. Collect transaction details

2. Create a transaction

   1. Include the fee in the payload

   2. Increase the amount of transaction to cover the fees

Notes:

• Fees must be visibly disclosed to the users in your terms and conditions

• Fees must be visibly displayed while users create transactions

• Fees are deducted from the transaction amount

Adding Fees to Inbound Transactions

1. Subscribe to Receive (TRANS|POST) Inbound Transaction Notification

2. Calculate the user fee for the transaction

3. Create an internal transfer from the user node to a platform node

   1. Set the transaction supp_id to the initial transaction_id to help keep track of the transaction and its association. Alternatively, group_id can also be used for the same purpose. View both fields on the transaction schema.

Notes:

• Platforms can combine the initial transaction and the Fee transaction when displaying the user’s transaction history

• The separate transaction will appear in the user’s default statements

• For card transactions, platforms will need to provide a separate provisional credit to cover the additional Fee whenever the user disputes the transaction in order to comply with Reg E