okay so I thought I was charged 3% for cancellations. My customer bought my product and immediately his credit card was processed. He asked to cancel. I hit the cancel button. So that cost me $485.
The order is $4,302 and the and charges were $485.20
Is this correct? Shopfiy took over 10% of the order for cancellation?
Is my math wrong? are they taking over 10% of my sales too?
This seem excessive and unbelievable so I might have this wrong and if so, I apologize for my math mistake or I do not understand the process which is what I am hoping.
Can anyone assist on if this is correct and how to handle this in the future so I don’t get completely ripped off again?