A transaction refers to an exchange of goods, services, or money between parties. It can be a purchase, sale, or transfer of assets or services. Transactions occur in various forms such as online and offline purchases, payments, investments and other financial activities.
Post Type Archives: Glossary
Transaction Fee
Are you trying to make a payment and wondering what is a transaction fee? The answer is simple. This fee refers to the cost that payment service providers charge every time they process an electronic payment. These charges are typically applicable on credit cards, whether it is a physical or an online transaction. Here is …