How is the commission percentage applied at settlement?

The vendor's commission percentage (from their record/agreement) is applied at settlement to compute the platform's cut and the vendor's net share of each sale. Every settlement-relevant transaction produces a ledger entry capturing the gross and the commission, so the platform's earnings and the vendor's payable are both derived from real amounts (net of gateway fees). Applying…

The vendor's commission percentage (from their record/agreement) is applied at settlement to compute the platform's cut and the vendor's net share of each sale. Every settlement-relevant transaction produces a ledger entry capturing the gross and the commission, so the platform's earnings and the vendor's payable are both derived from real amounts (net of gateway fees). Applying commission consistently at settlement is what turns individual sales into an accurate periodic payout.