A tool designed to compute additional fees levied on a base price, this digital application typically requires users to input specific parameters like transaction amount, card type, or payment method. For instance, a business might use such a tool to determine the extra cost associated with a credit card payment versus a cash transaction.
These tools offer significant value by promoting transparency and accuracy in financial transactions. Businesses can ensure precise fee calculation, while consumers gain a clear understanding of total costs. Historically, calculating surcharges involved manual processes, often leading to discrepancies and customer dissatisfaction. The advent of automated tools streamlines this process, benefiting both businesses and consumers alike.
