Fee

The fee field allows Pretium to collect fees on your behalf.

Example

If your UI charges a 1% facilitation fee and a user wants to offramp KES 1,000 (resulting in a KES 10 fee):

Steps

Deduct the equivalent of KES 1,010 from the user’s wallet.

Submit the following parameters in your API request:

{
  "amount": 1010,
  "fee": 10
}

Pretium’s payment protocol will send KES 1,000 to the user and credit KES 10 to your fiat wallet.

The reverse applies during onramping — if User B wants to onramp KES 1,000 and you include a fee of 10, Pretium API will initiate a collection of KES 1,010 from the user, credit KES 10 to your fiat wallet upon confirmation, and release assets equivalent to KES 1,000 to the user’s address.