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Billing profiles determine how fees are calculated and charged for your acceptor. Each acceptor application must be associated with a billing profile that defines the fee structure for processing transactions.
Billing profiles define the fee structure and terms that will apply to your acceptor. You must select an appropriate billing profile before creating or updating your acceptor application. Each billing profile contains specific allocations that determine how different types of fees are calculated and charged.
ScenarioA developer at Clearpath Payments needs to select an appropriate billing profile for Maple Street Coffee. They want to understand the available options and choose one that aligns with the sub-merchant’s expected transaction volume and business model.