payments en
Transaction fee
payments
Also called: processing fee
Plain-language definition
Plain-language definition
A charge assessed for processing or facilitating a transaction.
Why it matters
Users need to know who pays each fee and whether it is refundable.
Technical detail
A transaction fee can combine processor pricing, network costs, platform fees, taxes, currency conversion, or fixed components under disclosed terms.
Examples
- A marketplace deducts a disclosed platform fee from the seller’s transaction proceeds.
Related terms
Sources and review
Reviewed July 12, 2026 by [email protected]. Next review due January 11, 2027.
- Stripe Connect — Stripe Accessed 7/11/2026
See something we should improve?
Suggest a correction to “Transaction fee.” Suggestions are reviewed before the published definition changes.