Post on Medial

But let's take an example of urban company they provide services and in companies early time they used to take comission from service providers . Which generally lead service provider to get direct with customer by exchanging contact no.s but after that they start hiring professional and giving them salary . My point is what if they don't charge neither from customer not from producer this will lead them 1.to reduce the problem of getting customer direct. 2. To save 3rd party gate way money 3. To save money from tech and servers cost 4. Also save money my reducing role of accountant and tax maintainer. And they can earn simply like hostar and Netflix are doing annually subscription and ads only What's your opinion?

Gateway fee is paid by companies who are using some 3rd party payments provider. While platform fee is levied on customers because the startup is now wants to rinse you for profit.

1.Gateway Fee: fees charges per transaction i.e commission based like brokerage E.g Razorpay,Stripe and PayPal 2.Platform Fee : It is also platform fees used for service of platform E.g Shopify,Wix , Paytm When we make recharge, suppose of 250 then Paytm will Paytm will charge you 2.5 Rupees platform fee. That's it, correct me if I am wrong..