Who pays for the Payment Handling Fee in Leasing?

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If you are not sure what we mean by Payment Handling, check out the following article: 

What is the Payment Handling Feature?

Who pays for the Payment Handling Fee?

  • In each leasing deal, the partner who will be credited the payment is the one who bears the cost of the Payment Handling fee. 
  • For example, if the user pays for the pick-up charge of 750 USD, which is then 💵credited to the Supplier's wallet (who is responsible for paying for the cost of the Payment Handling fee).
  • This would mean the pick-up charge (750 USD) minus the 3.85% payment-handling fee (28.87 USD) is the total received amount.
  • When payment handling is activated this principle would apply to each payment received on the deal.

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