What are the fees associated with using a payment API?
An example of an AI chatbot conversation about payment API fees.
What are the fees associated with using a payment API?
The fees for using a payment API can vary based on the provider. Common fees include transaction fees, monthly fees, and setup fees.
Can you give me an example of transaction fees?
Sure! For instance, some payment APIs charge 2.9% + $0.30 per transaction. This means if you process a $100 payment, you'd pay $2.90 plus $0.30.
Are there any hidden fees I should be aware of?
Yes, some providers may have hidden fees such as chargeback fees, currency conversion fees, or fees for additional features. It's important to read the fine print.
How can I choose the best payment API for my business?
Consider factors like transaction fees, ease of integration, customer support, and the specific features you need for your business.
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