Local · amount and basis points
Basis points
100 basis points is 1%. The fee is the amount times the points, divided by 10,000. Type the venue’s points. This page does not look them up.
About this desk
- What you use it for
- Turn basis points into a fee on an amount. One hundred basis points is one percent.
- What the numbers are
- The fee is the amount times the basis points, divided by 10,000. Kept is the amount minus that fee.
- What it leaves out
- It does not know a venue’s real fee. Type the points from the venue. It does not move coins.
Every desk is introduced the same way on the desk list.