Bolt Fee Types
This article covers the types of fees that Bolt merchants may be charged and how they work.
Fees are a highly individualized aspect of a merchant’s contract agreement that depend on many factors such as the payment processing stack and unique blend of features in your implementation. For information about fees specific to your implementation, please contact your Customer Success Manager (CSM).
Fee Types
When Fees are Assessed
Billing
For merchants using Bolt Payments, most fees are settled daily in your funding statements. One-time fees such as an integration fee will be invoiced via email.
For merchants using the gateway processing model, fees are invoiced monthly via email. Your merchant contract determines the period within which you must pay an outstanding invoice.
Fee Refunds
When you void or refund a transaction, Bolt may refund certain fees depending on your merchant contract agreement and where the transaction is in the authorization process.
Since most merchants' fee structures include a mixture of variable rates and fixed amounts, you might receive a partial refund of fees.
| Fee type | Transaction partially voided | Transaction voided in full | Transaction partially or fully refunded | Explanation |
|---|---|---|---|---|
| Bolt Checkout Fee | Proportional refund | Full refund | May be eligible for refund; check with your CSM | If any funds remain in a captured state, these fees are not eligible for refund because they are assessed upon authorization |
| Processing Fee | Proportional refund | Full refund | May be eligible for refund; check with your CSM | Processing fees are refundable if no processing occurred |
| Add-On Fees | No refund | Full refund | May be eligible for refund; check with your CSM | If any funds remain in a captured state, these fees are not eligible for refund because they are assessed upon authorization |