Payments
If you're referring to incoming payments and commission fees for card transactions (such as when paying for a yacht charter or receiving payments in a charter business), here’s a breakdown to clarify how it usually works:
Incoming Payments – Card Commission Explained
1. What Is It?
When a client pays by credit or debit card, the payment processor (Visa, MasterCard, AMEX, etc.) and the payment gateway (Stripe, PayPal, bank POS, etc.) charge a processing fee—a commission deducted from the transaction.
2. Typical Commission Rates (Europe/Greece):
| Card Type | Commission Rate (Approx.) |
|---|---|
| Visa / MasterCard (EU) | 1.2% – 2.5% |
| AMEX / Premium cards | 2.5% – 3.5% |
| International cards | Up to 4% or more |
Note: Rates vary depending on:
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Payment processor used (Stripe, PayPal, Viva Wallet, bank merchant)
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Currency exchange (if not in EUR)
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Type of card (business, credit, rewards, etc.)
3. Who Pays the Commission?
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In most charter businesses, the client pays this fee if paying by card.
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The fee is either:
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Added on top of the total (e.g., charter is €10,000 3% card fee)
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4. When This Applies (Yacht Charter Context):
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Booking fees
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APA payments (less common via card, but possible)
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Security deposits (if processed by card)
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Extra services (fuel, provisions, transfers, etc.)
5. Best Practices for Transparency
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Always inform the client in advance of any card fee.
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Offer alternatives like bank transfer (SEPA or SWIFT) to avoid fees.
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Provide an invoice or receipt showing the card commission if it’s passed on to the client.
Summary:
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Card payment commissions are a % fee deducted by payment processors.
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Common in yacht charters, especially for international clients.
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Usually range from 1.5% to 3.5%, depending on the card and system used.
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Skyfall Yacht Charter or any professional operator should clearly state these fees in the booking terms.
After the charter, if the client paid by card, any difference caused by card fees must be covered by the client,not absorbed by the company, or clearly agreed with the broker. Transparency is key to maintaining good relationships between partners.
Skyfall Yacht Charter
Karpathou squ. 3 - 18539
Piraeus, Greece
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