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?
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    Claudio
    Fri Nov 08 2024
   
  
    PSP Fees represent the charges imposed by the Payment Service Provider (PSP) on the Seller.
  
  
 
            
            
  
    
    CryptoMercenary
    Thu Nov 07 2024
   
  
    BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to various needs.
  
  
 
            
            
  
    
    LightningStrike
    Thu Nov 07 2024
   
  
    These fees serve as compensation for the provision of the Acquiring Service and the Seller's Payment Account.
  
  
 
            
            
  
    
    MoonlitCharm
    Thu Nov 07 2024
   
  
    The relevant Reference Period for these fees is detailed in the contract between the PSP and the Seller.
  
  
 
            
            
  
    
    benjamin_stokes_astronomer
    Thu Nov 07 2024
   
  
    The contract regulates the services provided by the PSP and stipulates the terms for calculating the fees.