Cryptocurrency Q&A What is PSP fee?

What is PSP fee?

Silvia Silvia Sat Sep 21 2024 | 6 answers 1366
Excuse me, could you please clarify what exactly is meant by the term "PSP fee"? I'm a bit unfamiliar with the terminology and would appreciate it if you could break it down for me. Is it a specific type of fee associated with a payment service provider, perhaps? And if so, what kind of services or transactions does it typically cover? Additionally, is the fee charged by the PSP a fixed amount or does it vary based on certain factors, such as the transaction size or the payment method used? What is PSP fee?

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