Fees & Transaction Processing Disclosure
LockedIn Systems operated by Mighty Success Recovery Inc.
This disclosure is provided for transparency, compliance review, and audit reference.
This page describes how transaction-related fees are calculated and disclosed for deposit transactions processed through this platform. The intent is to provide a clear, standalone disclosure suitable for institutional review, procurement evaluation, and audit reference.
All fees are disclosed in advance as part of the checkout experience or documentation provided to authorized institutional partners, as applicable.
The following defined terms apply for purposes of this disclosure:
- Deposit Amount (the “Amount”): the deposit amount entered by the user.
- Fixed Fee: a fixed fee determined from the fee table below based on the applicable Amount tier.
- Variable Fee: a fee equal to 3.0000% of the Total Transaction Amount.
- Total Transaction Amount (the “Total”): the total amount charged for the transaction, inclusive of the Amount, the Fixed Fee, and the Variable Fee.
The Total Transaction Amount (the “Total”) shall be equal to (i) the Deposit Amount (the “Amount”); plus (ii) the Fixed Fee determined from the fee table below (the “Fixed Fee”); plus (iii) a fee equal to 3.0000% of the Total Transaction Amount (the “Variable Fee”).
The Variable Fee is calculated to equal 3.0000% of the Total, and is derived as described in the Formula section below.
For clarity, the Variable Fee is calculated by dividing the sum of the Deposit Amount and the Fixed Fee by 0.97 and then subtracting from this number the sum of the Deposit Amount and the Fixed Fee, such that the Variable Fee equals 3.0000% of the Total Transaction Amount.
Equations
(Deposit Amount + Fixed Fee) / 0.97 = Total Transaction Amount
Total Transaction Amount − (Deposit Amount + Fixed Fee) = Variable Fee
| Amount Tier | Fixed Fee + Variable Fee |
|---|---|
| $0.00 – $25.00 | $3.25 + 3.0000% |
| $25.01 – $100.00 | $4.50 + 3.0000% |
| $100.01 – $200.00 | $6.00 + 3.0000% |
| $200.01 and up | $7.50 + 3.0000% |
This disclosure is intended to support review by state and local correctional agencies, including Ohio correctional procurement and contracting review, county sheriff offices, and multi-state correctional procurement and RFP evaluation environments.
Fee calculations, documentation, and related transaction records are intended to be presented in a manner suitable for institutional audit review and standard procurement documentation practices. Applicable requirements may vary by jurisdiction and facility.
- •Fee components are defined, documented, and disclosed in advance, as applicable.
- •Fees are presented using consistent terminology (Amount, Fixed Fee, Variable Fee, Total).
- •Transaction processing is performed through third-party payment providers and facility-authorized systems, as applicable.