Fees for Payment Facilitator customers with a gross crediting contract
Within the Invoicing section of the Fabrick Dashboard, besides the "Invoices" and "Credit Note" tabs, there is a "Fee" tab.
The fees displayed in this tab are related to payments for customers subscribed to the "Fabrick Payment Facilitator" gross crediting contract only. These are payment intermediation fees, which, like bank fees, are exempt from VAT. As a result, no invoice is required for these fees.
Transactions credited to customers can be processed in two ways:
- Net of fees
- Gross of fees
In the case of net crediting, the commissions for each payment (as specified in the contract) are deducted from the individual transfer, rather than being paid on a monthly basis. As a result, the merchant’s designated account is credited with a transfer reflecting the following transactions:
- Captures (credited)
- Refunds (debited)
- Disputes (debited)
- Commissions associated with transactions (debited)
- Indemnified losses (debited)
- Other amounts payable to Fabrick (debited)
- Any authorized retained amount (debited)
In the case of gross crediting, customers receive the full transaction amount without any deduction for fees. As a result, the merchant’s designated account is credited with a transfer reflecting the following transactions:
- Captures (in credit)
- Refunds (in debit)
- Disputes (on debit)
- Indemnified losses (on debit)
- Other amounts payable to Fabrick (debited)
- Any authorised retained amount (to be debited)
Fees related to a gross arrangement contract are therefore not deducted from the credit transfer; instead, they are calculated monthly and displayed in the "Fee" tab as they accrue. The list on this page includes both commissions already paid via SDD and those still due by bank transfer.
The bank account to which Fabrick’s payment intermediation fees is to be paid varies for each contract. Be sure to check the fees details before making a payment.
Fees are categorized by month, contract number, and currency. For multi-currency contracts, the same contract number will appear multiple times, with separate entries for each currency within the same month.
To locate the fees for a specific contract, a custom search using the search bar at the top of the page can be performed.
Once identified the relevant fee, click on the individual month for accessing to the fee breakdown, which shows:
- Highlights: Amount, Issue date, Expiry date
- Payment Summary: Total amount, IBAN, and Payment Reason. Payment can be made to Fabrick via SEPA Direct Debit (SDD) or bank transfer. For SDD contracts, please note that the IBAN displayed refers to the merchant’s IBAN, from which the total fee amount has already been automatically debited.
- Fee Details: Total amount, Reference period, Issue date, Expiry date, Contract number, Fee ID, and Payment Method
- Stamp duty and other charges
- Events: A complete list of all events whose fees contributed to the total amount
