A service fee, also known as a service charge, is a fee collected to pay for services related to the product or product service. It's a standard practice applied in a variety of industries, from banking to travel and tourism, to eCommerce. When collected, these charges cover services rendered to the consumer as well as administrative or processing costs such as customer support.
What is service fee? Print
Modified on: Mon, 31 Jan, 2022 at 11:44 AM
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