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Q.

What is convenience fee ?

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1

3 Year

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0 2022-03-20T17:59:44+00:00

Hey friend,

If you have ever shopped online or booked movie tickets via an app. You must have noticed extra charges being added. Convenience fees are one of them. In this answer, I will tell you convenience fee meaning. 

What is convenience fee ?

It is a fee charged by the seller when the consumer uses an electronic payment card instead of a standard form of payment. A few examples of a standard form of payment are cash and check. It is charged to cover the merchant fee. Each payment that is made needs to be processed by processing companies. 

Usually, it is either a flat fee or a percentage of the amount that is being paid. It is the fee levied by the merchant when the customer chooses to pay via alternative payment methods like finch apps.

What is convenience fee meaning in hindi ?

यह विक्रेता द्वारा लिया जाने वाला शुल्क है जब उपभोक्ता भुगतान के मानक रूप के बजाय इलेक्ट्रॉनिक भुगतान कार्ड का उपयोग करता है। भुगतान के मानक रूप के कुछ उदाहरण नकद और चेक हैं। यह व्यापारी शुल्क को कवर करने के लिए चार्ज किया जाता है। किए जाने वाले प्रत्येक भुगतान को प्रसंस्करण कंपनियों द्वारा संसाधित करने की आवश्यकता होती है।

आमतौर पर यह या तो एक फ्लैट शुल्क या भुगतान की जा रही राशि का प्रतिशत होता है। यह मर्चेंट द्वारा लगाया जाने वाला शुल्क है जब ग्राहक वैकल्पिक भुगतान पद्धति जैसे फिंच ऐप के माध्यम से भुगतान करना चुनता है।

I hope now you know convenience fee meaning.

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