HostServices Payment Breakdown | Ushmid Technologies

Transaction Breakdown Calculator

Version 2.0

Starting Balance (USD)

Card Charge/Deposit (USD)

Local Currency Code

Amount Debited in Local Currency

GHS

Transaction Breakdown

Item	Amount
Starting Balance	USD 10.00
Card Charge (deposit request)	USD 50.00
Platform processing fee	USD 0.00
Supposed net amount to receive (If fees are applied)	USD 48.55
Final Balance (Excluding fees & charges)	USD 62.32

Fee Structure

2.9% Standard

Processing Fee: 2.9%

Amount Deducted: USD 0.00

Important Note: The 2.9% processing fee is automatically calculated and incorporated into the exchange rate. You receive the full USD amount you initiated in your account.

Exchange Details

Real-time

Amount Initiated: USD 50.00

Local Currency Debit: GHS 600.00

Effective Exchange Rate

GHS 11.13/USD

This rate includes all financial institution charges (typically 2-4%). The displayed rate reflects the actual rate applied to your transaction.

Provide these details to get started:

Starting Balance (USD)
Your current account balance
Card Deposit (USD)
The USD amount you want to deposit
Local Currency
Select your currency (GHS, NGN, etc.)
Amount Debited
What was charged in your local currency

The 2.9% fee is automatically calculated - no need to enter it manually.

The system instantly calculates:

Fee Calculation

2.9% of your deposit amount
Shown as USD value
Included in exchange rate

Exchange Rate

Based on local currency debit
Includes all processing fees
Shows actual rate applied

Calculations update instantly when you change any value.

Transaction Breakdown

Starting and ending balances
Full deposit amount
Automatic fee deduction
Net credited amount

Detailed Analysis

Fee percentage and amount
Local currency conversion
Effective exchange rate
Complete cost breakdown

Remember: You receive the full USD amount you deposit - fees are incorporated in the exchange rate.

Why is there a 2.9% fee?

This standard fee covers payment processing costs including:

Bank transaction charges
Currency conversion costs
Platform maintenance
Payment gateway services

The fee is automatically calculated and built into the exchange rate - you receive the full USD amount in your account.

How is the exchange rate calculated?

The rate is determined by:

Current interbank market rates
Our payment processor's margin
The 2.9% processing fee
Any intermediary bank charges

Note: The calculator shows the effective rate - the actual rate applied to your transaction after all fees.

Which currencies are supported?

We currently support calculations for:

GHS - Ghanaian Cedi
NGN - Nigerian Naira
KES - Kenyan Shilling

ZAR - South African Rand
XOF - West African CFA
Custom currencies

You can select "Custom Currency" if your currency isn't listed.

Why doesn't the fee appear as a separate charge?

Our system is designed to:

Credit your account with the exact USD amount you deposit
Incorporate the fee into the exchange rate
Provide transparent cost breakdowns

This approach ensures you always receive the amount you expect in your HostServices account.

How can I verify my transaction details?

Always check:

The USD amount credited to your HostServices account
The local currency amount debited from your bank
The exchange rate shown on your bank statement

What if my transaction doesn't match the calculator?

If you notice discrepancies:

Double-check all entered amounts
Verify the transaction date and time
Compare with your bank statement
Contact support if differences persist

For assistance, email support@ushmid.com with your transaction details.