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What is Transaction Fee and how it is different from Payment Gateway Fee?
31-05--2013, 01:03 PM
Post: #1
What is Transaction Fee and how it is different from Payment Gateway Fee?
[/align]What is Transaction Fee and how it is different from Payment Gateway Fee?
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31-05--2013, 01:28 PM
Post: #2
RE: What is Transaction Fee and how it is different from Payment Gateway Fee?
(31-05--2013 01:03 PM)aditya sharma Wrote:  [/align]What is Transaction Fee and how it is different from Payment Gateway Fee?
Payment Gateway Fees (TDR - Transaction Discount Rate): For every transaction through the payment gateway on your store, there's a Payment Gateway Fees (TDR) that payment gateway service providers charge. This TDR ranging is payable to the payment gateway service providers for every transaction on your store. We at BuildaBazaar will help you provide some of the lowest TDRs from payment gateway services providers like BillDesk, CCAvenue and TechProcess.
Transaction charges: Transaction Charges, payable to BuildaBazaar are basically charged only per order/sales since the entire database processing of each order, process flow of order, report generations for order, fraud detection, etc. which are carried out per order requires resources.
Also, BuildaBazaar doesn't put a limit on hosting services like Monthly Bandwidth, Data Storage Capacity etc. With BuildaBazaar, one of the many we assure our customers of is an unparalleled quality customer support. We assign every store owner an e-commerce consultant to him, so as to give a personalized client engagement and have been getting constant compliments/feedback from our clients for the same. So you can safely assume, that transaction charges are in lieu of them.
Understanding the concerns of our customers, we have designed our pricing plans such that our store owner pays, a Transaction fees but not a fixed high Monthly fees, and that too only when there are transactions/sales on your store. So you pay only when you sell, as simply as it can be put.
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