How is Bokun's monthly fee calculated?
Your monthly fee is calculated as 0.1% of your total booking value for the month, with a maximum cap of $2,500. Bokun collects this fee by credit card only. Want to calculate what your monthly fee would be each month based on your monthly revenue?
How does Bokun charge your credit card?
Bokun charges in USD unless the customer is based in Iceland, in which case we charge in ISK.
When bookings are made in EUR, we convert the margin (0.1%) to USD using the official bank rate. Finally when we charge the monthly fee, we charge the value in USD and the card issuer converts home currency into USD, so any extra fees are dependent on the issuer bank. In other words, Bokun does not perform any extra surcharges for currency conversion.
How do I add my credit card information to Bokun?
To add your credit card, click on the cog wheel in top right corner, then select “Account & Billing” from the side bar:
Add your credit card information in the Card Details field.
Note: Bokun is never able to see your credit card information.
Note: Your payment information is processed and stored by Borgun - our PCI certified payment provider. All communication between Bókun and Borgun are encrypted and secure.