Use the Fee Types option to configure applicable fee types for payer and payee. When fees are calculated for payer and payee in a financial transaction per subtransaction, Money Mobiliser determines the applicable fee types for payer and payee. Once the fee types are determined, the correct scale used for the customer (payer or payee) is found. The scales are connected to fee types through fee sets.
| Field | Description |
|---|---|
| Fee Type ID | Defines a five-digit number identifying the fee type. |
| Name | Defines a short description of the fee type. |
| Beneficiary | Defines the customer identification of the person receiving the fee. The beneficiary receives funds only via an offline settlement process. |
| Process By Txn | Indicates whether the fee should be deducted during transaction processing; if not, it is charged in a separate process. |
| Include VAT | Indicates whether the calculation amount should include value added tax (VAT). |
| Commission Fee | Indicates whether the fee type is a commission. |