MyFatoorah · FinOps Profile

Myfatoorah Finops

FinOps view of MyFatoorah spend. MyFatoorah is a payment aggregator, so the cost model is not API-usage billing but per-transaction processing fees deducted from settlements. The dominant, and often only, cost is the processing fee taken on each successful collection, which varies by payment method (KNET, mada, Benefit, Meeza, OmanNet, Visa, Mastercard, Amex, Apple Pay, Google Pay, STC Pay) and by country (Kuwait, Saudi Arabia, UAE, Qatar, Egypt, Bahrain, Oman, Jordan). Refunds may return or retain the service charge depending on the ServiceChargeOnCustomer flag, and marketplace flows split fees across suppliers. There is no charge for the REST API itself.

Myfatoorah Finops is the FinOps profile for MyFatoorah on the APIs.io network, aligned with the FinOps Foundation Framework.

It defines 3 billable meters, billed in Multi-currency (KWD, SAR, AED, QAR, EGP, BHD, OMR, JOD), on a per-transaction (netted at settlement) cycle, and pricing category usage-based.

The profile maps 8 FOCUS columns for cost-allocation reporting.

Tagged areas include Payments, Payment Gateway, KNET, mada, and FinOps.

Category: Payments and Financial Services Pricing: Usage-Based Billing: Per-Transaction (netted at settlement) FOCUS v1.3
PaymentsPayment GatewayKNETmadaFinOpsCost ManagementFOCUS

Framework Alignment

Framework
FinOps Foundation Framework
Data Spec
FOCUS v1.3

Charge Categories

UsageAdjustment

FOCUS Columns

BillingCurrency
Multi-currency
ChargeCategory
Usage
InvoiceIssuerName
MyFatoorah
PricingCategory
Usage-Based
ProviderName
MyFatoorah
PublisherName
MyFatoorah
ServiceCategory
Payments and Financial Services
ServiceName
MyFatoorah Payment Gateway

Meters

transaction_fee
Unit: transaction
Processing fee taken on each successful collection, by payment method and country.
refund_service_charge
Unit: transaction
Service charge behavior on refunds, governed by the ServiceChargeOnCustomer flag.
supplier_commission
Unit: transaction
Marketplace commission apportioned across suppliers on split settlements.

Sources