Fees and foreign currency exchange calculation

摘要

Various methods, apparatus, and systems are disclosed for calculating a fee linked to an online financial transaction. In one embodiment, a method includes receiving a fee calculation request linked to an online financial transaction associated with a fee type, a country code, and a client identifier; and then selecting, using a microprocessor, an initial base fee from either a default base fee determined by the fee type and the country code or from an overriding base fee associated with the financial transaction, wherein the initial base fee includes a transaction percentage and a fixed amount. The method further includes applying, using the microprocessor, at least one adjustment to the initial base fee to calculate a final fee, the at least one adjustment being applied when an associated condition set is determined to be true.

主权项

1. A method of calculating a fee for an online financial transaction, the method comprising:
receiving a fee calculation request linked to an online financial transaction associated with a fee type, a country code, and a client identifier; determining, using a hardware processor, whether an overriding base fee applies based on the client identifier; selecting, using the hardware processor, the overriding base fee as an initial base fee upon determining that the overriding base fee lies wherein the overriding base fee is determined by looking up a database with the client identifier, and wherein the initial base fee comprises a sum of a transaction percentage component and a fixed amount component; selecting, using the hardware processor, a default base fee as the initial base fee upon determining that the overriding base fee does not apply, wherein the default base fee is determined by looking up the database with the fee type and the country code; and applying, using the hardware processor, at least one adjustment to the initial base fee to calculate a final fee, the at least one adjustment being applied when an associated condition set is determined to be true.