Cash advance fees, late payment fees, and balance transfer fees are considered transaction fees.
What are Transaction Fees?
A transaction fee can be described as the expense that must be paid by a business each time electronic payment or other transaction is been processed by for a customer transaction.
Some examples of transaction fees are:
- Going on vacation.
- Cash advance fees
- late payment fees
- balance transfer fees
- Purchasing concert tickets.
Learn more about transaction feesat:https://brainly.com/question/19104371
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