Cryptocurrency Q&A What is the PSP fee?

What is the PSP fee?

MountFujiView MountFujiView Wed Nov 06 2024 | 6 answers 1282
I've encountered a term called 'PSP fee' and I'm not sure what it means. Could someone please explain to me what a PSP fee is? What is the PSP fee?

6 answers

Claudio Claudio Fri Nov 08 2024
PSP Fees represent the charges imposed by the Payment Service Provider (PSP) on the Seller.

Was this helpful?

182
73
CryptoMercenary CryptoMercenary Thu Nov 07 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to various needs.

Was this helpful?

397
92
LightningStrike LightningStrike Thu Nov 07 2024
These fees serve as compensation for the provision of the Acquiring Service and the Seller's Payment Account.

Was this helpful?

112
85
MoonlitCharm MoonlitCharm Thu Nov 07 2024
The relevant Reference Period for these fees is detailed in the contract between the PSP and the Seller.

Was this helpful?

297
71
benjamin_stokes_astronomer benjamin_stokes_astronomer Thu Nov 07 2024
The contract regulates the services provided by the PSP and stipulates the terms for calculating the fees.

Was this helpful?

246
93
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts