Credit Card Fee Calculation

A processing fee can be charged to the consignor for credit card sales.

The tax rate on this sale is 7%.

The consignor was credited 50% on the sale. A 3% credit card processing fee was applied to the entire sale, including sales tax. A cc processing fee of $6.42 was deducted from the consignor's balance. $214.00 x .03 = $6.42