Fee Schedule
CCN is dedicated to providing the highest value at the lowest cost. To this end, we are frank and open regarding our fee structure as we believe we are not only the first to introduce some our services, but also the cheapest. Some costs are beyond our control such as shipping charges and credit/debit card processing fees.
Online registration processing rates-applicable in all currencies
|
Description |
Amount |
Notes |
|
Set up charges |
None |
|
|
Monthly charges |
None |
|
|
Credit card charges: Visa MasterCard Amex |
2.5% + 0.40 2.5% +0.40 4% + 0.40 |
% of Total Cost + per transaction charge (in cents or pence) |
|
CCN Transactions Management Charges "TMC"[1] |
3.5% 2.5% |
% of total cost per individual (entry fee up to $1,000) (entry fee over $1,001) |
|
Unscheduled payouts Cheque Direct deposit |
5.00 $35 |
Regular event registration payouts are Free Of Charge and scheduled for every 14 days.
|
|
CCN's charity donation per registration |
10% of CCN TMC© net proceeds are donated. |
The event organizer selects their preferred beneficiary from the CCN list |
| Refunds | 5.00 per refund | |
| Chargebacks | 20.00 per chargeback | If a customer challenges and charges back their transaction, CCN charges 20.00 to cover costs incurred as a result. |
Taxes
Applicable taxes such as V.A.T. or H.S.T. are levied on services provided where required by law.
Cash Out Charges
To process and pay out sellers and event organisers involves hard costs such as cheque processing, mailing and other. These are applied as applicable. CCN pays out funds held 21 days after they have been settled and (in the case of transactions), acceptance by the buyer.
Charitable Donations
On event registrations, CCN donates 10% of the TMC paid by each event registrant, net of processing charges to the charity or good cause that the event organiser has selected.
Disclosure
Prior to processing any transaction, a full list of charges is displayed. If you are not comfortable regarding the charges and taxes, you should not proceed with your transaction. User Agreement.
Thank you for using CCN-we are dedicated to supporting the cycling community.
[1] Transaction Management Charges ('TMC') cover administration and other processing expenses.
