Scenario: Customer pays $10 via credit card on Symphony platform
Fee Type | Who Charges | Amount |
---|---|---|
Credit Card Merchant Fee (3%) | Merchant | $0.30 |
Symphony Platform Fee (5%) | Symphony | $0.50 |
Network / Blockchain Fees | Protocol | $0.01 |
Scenario: $100M in credit card inflow, $30 avg transaction, $0.01 network fee per transaction
Fee Type | Who Charges | Calculation | Amount (USD) |
---|---|---|---|
Credit Card Merchant | Merchant | 3% of $100M | $3,000,000 |
Symphony Platform | Symphony | 5% of $100M | $5,000,000 |
Network / Blockchain | Protocol | $0.01 * 3.3m Tx | $33,333 |
Total Deductions | $8,033,333 | ||
Net Received | $91,966,667 |