In this example, you are making a transfer to a single Linked Account. Following are the details:
- Payment Amount = ₹1,000.00
- Payment Pricing Plan = 2%
- Transfer Fees = 0.25%
- Your Commission = ₹100.00
- Amount Transferred to Linked Account = ₹900.00
- GST Levied = 18%
Transaction Details | Your Account Balance (₹) |
---|---|
Payment received from Customer | 1,000.00 |
Gateway Fee Charged on Capture Payment Amount * Pricing Plan * GST 1000 * 2/100 * (1+(18/100)) | -23.60 |
The Account Balance after deduction | 976.40 |
Transfer Fee Charged Transfer Amount * Pricing Plan * GST 900 * 0.25/100 * (1+(18/100)) | -2.66 |
Amount Transferred to Linked Account | -900.00 |
Final Account Balance | 73.74 |