Merchant Service Charge (MSC)
Definition of what Merchant Service Charge (MSC) stands for (in finance):
A fee charged by acquirers to merchants for processing credit card transactions, calculated as a percentage of the transaction value.
More Term Definitions
- ISO 20022 Definition
- Lending Pool Definition
- Point Of Interaction (PoI) Definition
- Small And Medium-Sized Enterprise (SME) Definition
- Account Information Service Provider (AISP)
