Platform fees

Platforms can optionally configure a platform fee that is automatically deducted and sent to the platform for child Merchant payments.

Please reach out to Loop if you would like a platform fee configured and let Loop know:

• Fee amount
• Fee charged as a percent (e.g. 5%) or fixed amount ($0.50)

Please note, if platform fees are collected, platforms must set theautoInvoiceparameter for eachitemto true. This can be done at item creation or by updating the item using the PATCH item endpoint.