WicWac fee schedule for transactions in United States Dollars
All Fees are paid by the service provider.
We have worked hard to try to ensure hat the costs are fair and
non-prohibitive to doing business.Our fee structure is separated into 2
different fees; a Software Licensing fee and a processing fee.
Our minimum Software Licensing Fees is $2.5 per transaction and shall be
capped at $7.75 per transaction. Our processing fee is a straight 3.90 %
of the value of transaction with no minimums or maximums regardless of
the dollar value of the transaction.
Please refer to the table below for your reference
Software Licensing Fee Table
| Transaction Range | WW Software License fee |
|---|---|
| $0 - $60 | $2.50 |
| > $60 - $80 | $3.25 |
| > $80 - $100 | $4.00 |
| > $100 - $120 | $4.75 |
| > $120 - $140 | $5.50 |
| > $140 - $160 | $6.25 |
| > $160 - $180 | $7.00 |
| > $180 - $200 | $7.75 |
| > $200 | $7.75 |
Software Licensing Fees are based on the total value including Taxes ,
Tips are not subject to Software Licensing Fees
The maximum Software Licensing Fees incurred by any service provider
with 1 (one) user per account is US $49.99 / calendar month. For
clarity; if a service provider invoices 5 jobs at $80 each the Software
Licensing Fees will be $20 in total. Should the service provider invoice
50 jobs at $80 each ; the Software Licensing Fees will be US $49.99 in
the calendar month.
Processing Fee Table
| Transaction Value | Processing fee |
|---|---|
| Any (No minimum and no maximum) | 3.90 % |
Refund Fees
There are no Fees to refund a payment but WicWac’s Processing and Software Licensing Fees on the original transaction will not be returned incase of a refund.
Instant Payout
Our Payment processor Stripe Payments Canada, Ltd. hereby known as “Stripe” facilitates early payout and the cost according to their documentation is 1% of the transaction value + a minimum fee of $0.50. You can find more information about instant payout and fees at https://stripe.com/docs/connect/instant-payouts
Dispute
US$15.00 or US$0 Disputed payments, such as chargebacks, incur a fee. If the customer’s bank resolves the dispute in your favor, the fee is fully refunded. You can learn more about about disputes and additional details at https://stripe.com/docs/disputes Stripe Services Agreement Stripe Connected Account Agreement
WicWac fee schedule for transactions in Canadian Dollars
All Fees are paid by the service provider
We have worked hard to try to ensure hat the costs are fair and
non-prohibitive
to doing business.Our fee structure is separated into 2 different fees;
a
Software Licensing fee and a processing fee.
Our minimum Software Licensing Fees is $3 per transaction and shall be
capped at
$10 per transaction. Our processing fee is a straight 3.90 % of the
value of
transaction with no minimums or maximums regardless of the dollar value
of the
transaction.
Please refer to the table below for your reference
Software Licensing Fee Table
| Transaction Value | WW Software License fee |
|---|---|
| $0 - $60 | $3.00 |
| > $60 - $80 | $4.00 |
| > $80 - $100 | $5.00 |
| > $100 - $120 | $6.00 |
| > $120 - $140 | $7.00 |
| > $140 - $160 | $8.00 |
| > $160 - $180 | $9.00 |
| > $180 - $200 | $10.00 |
| > $200 | $10.00 |
The maximum Software Licensing Fees incurred by any service provider with 1 (one) user per account is $59.99 / calendar month. For clarity; if a service provider invoices 5 jobs at $80 each the Software Licensing Fees will be $20 in total. Should the service provider invoice 50 jobs at $80 each ; the Software Licensing Fees will be $59.99 in the calendar month.
Processing Fee Table
| Transaction Value | Processing fee |
|---|---|
| Any (No minimum and no maximum) | 3.90 % |
Refund Fees
There are no Fees to refund a payment but WicWac’s Processing and Software Licensing Fees on the original transaction will not be returned incase of a refund.
Instant Payout
Our Payment processor Stripe Payments Canada, Ltd. hereby known as “Stripe” facilitates early payout and the cost according to their documentation is 1% of the transaction value + a minimum fee of $0.50. Its worthy to note the following:
Supports Instant Payouts for some of its debit cards
- Bank of Nova Scotia
- CIBC
- Royal Bank of Canada (PLUS network cards)
- TD Bank
Does not support Instant Payouts
- Bank of America, National Association
- Bank of Montreal
- Banque Laurentienne du Canada
- Collabria Financial
- Canadian Tire Bank
- Citibank, Canada
- DirectCash Bank
- Home Trust Company
- ICICI Bank Canada
- Industrial and Commercial Bank of China (Canada)
- JPMorgan Chase Bank, NA
- La Federation des Caisses Desjardins du Quebec
- Manulife Bank of Canada
- National Bank of Canada
- PJSC Credit Agricole Bank
- PNC Bank, National Association
- Peoples Trust Company
- Tien Phong Commercial Joint Stock Bank
- U.S. Bank National Association
- Vancity Community Investment Bank
- Vancouver City Savings Credit Union
Dispute
CA$15.00 or CA$0
Disputed payments, such as chargebacks, incur a fee. If the customer’s bank resolves the dispute in your favor, the fee is fully refunded.
