payment_refund_charges

• Category: payment
• Key: payment_refund_charges
• Type: number
• Internal setting: false
• Scopes: [[:account]]

Overview 

This setting is used to set the rate of bank charges on individual refund payment types. These feed into a couple of Sales Reports to show the income of a program/show/event net of tax and payment charges.

The rate of refund payment charges is in decimal points, e.g. for a charge of 5p/c per transaction put '0.05' or percentage, e.g. for a charge of 2% put '2%'.

Payment refund charges are for reporting purposes only based on payments taken, they do not affect the selling price of tickets/products. 

Notes

• Payment Refund Charges appear in the following Sales Reports:
  • Accounts - Detail by event and ticket price
  • Event Settlement
  • External - Events Summary
    
    
• Changes made to the payment refund charges rates won't reflect in reports on past orders.
  
  
• There is one rate for token payments, regardless of the type of token payment selected.

Related articles

Order type to payment allowed setting

Payment charges setting

Token payment types setting