Feecharge
Feecharge refers to the practice of imposing a fee for goods or services provided by an organization. The term is used broadly to describe any additional charge beyond the base price, including processing fees, service charges, convenience fees, surcharges, or late fees. Fee charges can be fixed amounts or variable, such as a percentage of the transaction or a tiered rate depending on value or volume.
Fee charges occur in many sectors, including banking, travel, hospitality, telecommunications, software subscriptions, and professional services.
Arguments in favor of fee charges include revenue recovery for costs that would be difficult to embed
Common examples include service charges (often a percentage added to the bill), processing fees (for handling