TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

RESERVE FEES [1 record]

Record 1 2002-11-14

English

Subject field(s)
  • Trade
  • Electronic Commerce
CONT

As a Web merchant, you will pay separate merchant-bank account charges. Expect to pay setup fees of up to $200, a monthly statement fee (typically $10), a per-transaction fee (around 30 cents), and a discount rate ranging from 1% to 4% of each sale. The latter is the interest the card company charges for giving you the money up front before it debits the customer's account. A discount rate (determined by your credit history) of less than 2.7% is considered good. Reserve fees - a portion of sales retained to cover refunds - can be as large as 15%. The bank can hold reserves for anywhere from several weeks to six months.

CONT

Although e-commerce has its benefits, it can be costly; there may be monthly processing fees, bank fees and reserve fees associated with each sale.

Key term(s)
  • reserve fee

French

Domaine(s)
  • Commerce
  • Commerce électronique
CONT

eBay s'apprête à augmenter aux États-Unis le niveau de ses commissions sur les transactions. À la fin du mois de janvier, les commissions seront rehaussées de 0,25 %. Pour les enchères inférieures à 25 dollars, la commission passera à 5,25 %. Sur la tranche supérieure, pour les offres de 1 000 dollars et plus, la commission atteindra 1,5 %. Les frais de réserve, pour les enchères à prix plancher, passeront d'un à deux dollars.

Spanish

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