Merchant Service Charge (MSC)
Merchant Service Charge is a fee that merchant pays to the Acquirer/Acquiring Bank.
Companies accept credit card payments from customers. The payment provider regularly deposits funds to the seller’s account. When debiting funds, the payment provider deducts a certain percentage of the amount. Also, he can withdraw a certain fixed amount. There are also monthly fees and commissions.
For transfers of large sums, there are commissions in the percentage equivalent. This is the most optimal and most common form.