Meaning
A surcharge is an additional fee added to the original cost of a product or service. This extra charge often covers operational costs.Definition
It’s an extra amount imposed by a merchant for using a particular payment method or specific transactions.How It Works
Applied at the point of sale, it’s disclosed before final payment. Merchants use it to cover credit card processing or expedited service fees.Common Applications
Often seen with credit card transactions, ticket bookings, or specialized services. It can also apply to other payment forms.Author
