Kagi Frequently Asked Question

Question:

How much of the product payment will Kagi take?

Answer:

Kagi deducts 6.5% for the registration service when using the Macintosh, Windows, BeOS or DOS version of Register, 7% when using the Newton version, and deducts the fees charged for the various forms of payments. The fees charged by other services for the various forms of payment vary according to each type of payment: Visa, MasterCard, American Express, Diners Club, First Virtual, US checks, foreign checks in US dollars, and cash in a variety of currencies. Basically processing costs incurred by Kagi are passed through directly to the author. Because some rates vary based upon the total value of all transactions, the rates listed below are only very well educated estimates.

MC rate is 2.5% plus around US$ 0.32 per transaction.

Visa rate is 3.5% plus around US$ 0.32 per transaction. Visa instituted a 1% additional fee for merchants who do not provide the Visa billing address of their USA customers. It will take some time before the Register programs in all the software out on the internet are updated to the newer versions that request this information.

American Express rate is 3.5% plus US$ 0.32 per transaction.

First Virtual rate is 2.5% plus $0.29 per transaction.

US checks, Foreign checks in US dollars, and cash have a processing fee of 2.5% plus US$ 0.32 per transaction. In addition, if a check bounces, the bounce fees would be deducted.

There is no minimum monthly fee or anything like that. The minimum software registration rate right now is $0.00 per month (you don't have to have some minimum amount of payments being made on a monthly basis). Of course, we reserve the right to change the minimum software payment rate and the processing rates listed above are estimates.

The cost of payment servicing charged by Kagi for monies spent handling unusual requests is the actual costs incurred by Kagi. These situations include but are not limited to; returned check fees, credit card refunds, responses to special requests/needs (long distance phone/fax charges, postage supplies), conversion of the payments from US dollars into other currencies, and other expenses incurred to handle unusual requests. Not included are the costs associated with the postal receipts that have been requested and paid for.

For Macintosh and Windows software the calculation is:

                  Software Payment:  $10.00
                   Kagi Percentage:    0.65 =  $10 * 0.065
             Processing Percentage:    0.25 =  $10 * 0.025
               Per Transaction Fee: ___0.32_
         Amount to Software Author:   $8.78
              Percentage to Author:   87.8%

                  Software Payment:  $50.00
                   Kagi Percentage:    3.25 =  $50 * 0.065
             Processing Percentage:    1.25 =  $50 * 0.025
               Per Transaction Fee: ___0.32_
         Amount to Software Author:  $45.18
              Percentage to Author:   90.4%

                  Software Payment: $100.00
                   Kagi Percentage:    6.50 = $100 * 0.065
             Processing Percentage:    2.50 = $100 * 0.025
               Per Transaction Fee: ___0.32_
         Amount to Software Author:  $90.68
              Percentage to Author:   90.7%

Modification Date: Sunday, June 15, 1997