#mamtabajaj
1 messages · Page 1 of 1 (latest)
Yes it does, finding the doc...
When sale executed say of USD 100.
Platform fee is 15% which amounts to $15.00
USD 85 will be transferred to Seller Account
Now if seller account currency is in CAD, will be receiving 85USD or equivalent amount in CAD?
It depends on your charge type, if you are using direct charges or destination w/ OBO, the funds will be converted to the connected account's currency (if need be) then sent to the platform (and converted again if need be)
For non-OBO destination charges, the funds go to the platform first (converting to the platform's currency if need be) and are then sent to the connected account (again converting if need be)
The doc that I linked to outlines it very well with additional detail. Highly reccommend reading that doc
Thanks pompey!