tbdex icon indicating copy to clipboard operation
tbdex copied to clipboard

fee PaymentMethod parameter seems underspecified

Open selfissued opened this issue 1 year ago • 1 comments

The fee value in the PaymentMethod type is a DecimalString. That seems to presume that the fee is constant independent of the payment amount, which I believe is sometimes not accurate. Percentage-based transaction fees are also common.

Again, what do other financial protocols do in this regard, such as SWIFT? Are the fees expressed in the protocol, and if so, how?

selfissued avatar Mar 12 '24 00:03 selfissued

thanks for flagging @selfissued. including a link to more context as a reminder to myself when i update the spec text: https://github.com/TBD54566975/tbdex/pull/198#issuecomment-1846455173

mistermoe avatar Mar 13 '24 06:03 mistermoe