How does Wix calculate the payment processing fees for digital currencies?

3 answers

• radiaidelkadiJun 07, 2024 · a year ago
  Wix calculates the payment processing fees for digital currencies based on the total transaction volume and the specific digital currency being used. The fees are typically a percentage of the transaction amount, with a minimum fee per transaction. The exact calculation may vary depending on the specific digital currency and any additional fees imposed by the payment processor or exchange. It's important to review the fee structure provided by Wix and consider the potential impact on your business before integrating digital currency payments into your website.
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• Love2learnOct 15, 2023 · 2 years ago
  When it comes to calculating payment processing fees for digital currencies, Wix takes into account various factors. These factors include the total transaction volume, the specific digital currency being used, and any additional fees imposed by the payment processor or exchange. The fees are typically calculated as a percentage of the transaction amount, with a minimum fee per transaction. It's important to understand the fee structure provided by Wix and consider the potential costs before accepting digital currency payments on your website.
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• MikoTheRaccoonApr 06, 2024 · a year ago
  Wix calculates payment processing fees for digital currencies based on a few key factors. These factors include the total transaction volume, the specific digital currency being used, and any additional fees imposed by the payment processor or exchange. The fees are usually a percentage of the transaction amount, with a minimum fee per transaction. It's important to carefully review the fee structure provided by Wix and consider the potential costs involved before integrating digital currency payments into your website. If you have any specific questions about Wix's fee calculation methods, it's best to reach out to their customer support for more information.
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