For the formula on how to calculate the fees, kindly see the working breakdown below.
Gross Amount Captured = 100.00 SGD
Fees (MDR+ USC) = MDR (100*2.9%) + USC ($0.25)
= 2.90 + 0.25
= $3.15
Nett Amount = 100.00 - 3.15 = 96.85 SGD
Hope this explain
How to calculate the "FEES" per transaction Print
Modified on: Wed, 28 Dec, 2016 at 3:26 PM
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