platform fee
Middleman's cut percentage
A platform fee is a charge levied by a digital marketplace or service for facilitating transactions between users.
Companies like Airbnb, Etsy, or ticketing sites take a percentage of each sale or booking as their platform fee: The platform fee on that concert ticket added fifteen dollars to the price.
Also called a service fee.
- commissionPayment for services rendered
- transactionExchange of goods/money
- percentageProportion out of hundred
- cutSeverance or reduction
- service chargeFee for being served
convenience fee · processing · credit card fee · marketplace · gig economy · subscription · listing · rake · merchant · payment · surcharge · seller · vendor · middleman · Stripe · PayPal · checkout · monetization
- billing feesmonthly fee, late fee, service charge, activation fee, cancellation fee
- feesfee, service fee, service charge, flat fee, annual fee
platform feedirect payment
Funds transferred without intermediary
peer-to-peer payment · direct sale · private sale · direct deposit
platform, platforms, platforming, fees, form, forms, formed, forming, formal