Define: Platform Fee
Platform Fee means an upfront, calculated charge, either fixed or percentage-based, for accessing or using a specific service on a platform
Platform Fee means an upfront, calculated charge, either fixed or percentage-based, for accessing or using a specific service on a platform.
Relevant Circumstances
- When access to a service or marketplace carries a defined access charge
- If the fee is fixed, percentage-based or tiered by usage
- Where platform fees apply on top of transaction-specific charges