processing fees
Handling payment surcharges
Processing fees are charges imposed for handling a transaction or application.
Banks charge processing fees on loans, payment services charge them on credit card transactions, and institutions charge them on applications.
The fee ostensibly covers administrative costs, though critics note it often functions as a way to increase revenue while advertising lower base prices: The concert tickets were $50 plus a $15 processing fee.
- service chargesFees for provided assistance
- transaction feeCost for processing payments
- filing feeCost to submit documents
- registration feeCost to formally enroll
- interchangeReciprocal transfer between parties
credit card fee · nickel-and-dime · surcharge · convenience fee · licensing fee · administrative · handling charge · fine print · markup · roaming charges · debit · swipe · payment gateway · closing costs · credit card · bank · payment · commission
- chargessurcharges, levies, service charges, tolls, hotel tax
- extra feesservice fee, delivery fee, handling fee, convenience fee, surcharge
- feesfee, service fee, service charge, flat fee, annual fee
- income sourcessalary, wages, hourly pay, wage, commission
- personal expensescopay, copays, co-payments, deductible, deductibles
- banking costsbank charges, service charges, finance charges, service charge, finance charge
processing feespurchase price
Money paid for acquisition
principal amount · base price · cost of goods · sticker price · face value