**Xyte Transaction Fees**
Fees that Xyte charges:
| Type of Fee | What does it cover? |
|---|---|
| Monthly platform fee (see: xyte.io/pricing) | Access to the core Xyte platform for an unlimited number of devices, customers and channel partners. Includes API access, remote management and monitoring features, troubleshooting and operational capabilities. Plus, account management support and customer success. |
| Xyte’s transaction fee (see: xyte.io/pricing)(i.e. the percentage Xyte charges on a sale made through the platform) | • Building and upkeep of payment infrastructure by Xyte • Processing your transactions (including PO processing)• Tax calculation and collection• Paying out once a month via a direct bank transfer |
Other variable fees (these are fees paid by Xyte to the payment or service provider):
Transactions:
| Variable Fee | Rate |
|---|---|
| Credit card transaction (US) | 2.9% + 30 cents per transaction |
| Credit card transaction (non-US) | 1.9% + 30 cents per transaction |
| ACH transaction | 1.2% per transaction |
| Wire transaction | ~$50 per transaction |
| Tax filing & Invoicing | 0.5% per transaction |
Payouts to the seller:
| Variable Fee | Rate |
|---|---|
| Monthly payout to seller | $0 (included in the base transaction fee) |
| 2x/month payout to seller | ~$50 + 0.2% per payout |
| 4x/month payout to seller | ~$50 + 0.3% per payout |
| Instant payout to seller (per payout) | Under development; fee TBD |
Return facilitation:
| Variable Fee | Rate |
|---|---|
| Transaction return facilitation from seller to buyer | $50 + 0.1% per return |
Miscellaneous:
| Variable Fee | Rate |
|---|---|
| Fee for net 30 day Xyte fee payout via invoice (only applicable if the fee is not deducted when Xyte is paying out the buyer) | 0.2% per transaction |
