How is Transaction Fee calculated?

How is Transaction Fee calculated?

Transaction fee is a fee that covers non-cod payment transactions. Transaction fee is calculated after Shipping Fee and Discounts.
As of March 1, 2023 the following charges applies:

Payment Type
Transaction Fee
Gcash
3% + 12% Vat
GrabPay
3% + 12% Vat
Maya
2.5% + 12% Vat
Unionbank - Direct Debit
PHP 12 or 2% / transaction whichever is higher + 12% Vat
BPI - Direct Debit
PHP 12 or 2% / transaction whichever is higher + 12% Vat
Credit Card
 3% + 12% Vat
(Introductory price)

Example:
Subtotal
        Php   1,000.00
Shipping Fee
        Php        50.00
Discount
     -  Php        10.00
Transaction Fee

        Gcash   (3%)
         Php       31.20
        VAT     (12%)
         Php         3.74
Total
         Php 1,074.94




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