Payment andĀ Fee DistributionĀ Models
š Which payment and fee distribution models are used for payment processing?
Monay GPS as a payment facilitator will charge a fee for the services provided on each transaction. There are two fee models for billing:
i. Absorption model: Monay GPS will absorb the cost of payment processing.
ii. Convenience model: Consumer & Monay GPS will absorb the cost of payment processing.