MSC - Merchant Service Charge

Glossary - Merchant Service Charge (MSC)

Means the fees and Merchant service charges of the acquiring Bank for the service based upon the face value or count of transactions submitted to the acquiring Bank by the Merchant for authorisation and settlement (including the percentage Merchant service charge and the per transaction Merchant service charge) and such other charges levied by the acquiring Bank on the Merchant for providing the service; as notified to the Merchant by the acquiring Bank from time to time.

The fees you pay may reflect factors such as the level of risk in your industry sector, and the costs associated with handling retail accounts of different sizes.

Perpetual Payments Limited is part of the Voice Commerce Group. | Voice Commerce Limited (company number 5428358) is authorised by the Financial Services Authority under the Payment Service Regulations 2009 (register reference 504312) for the provision of payment services and holds a consumer credit licence (number 624404/1). VoicePay Limited (company number 5042556) has been issued with a small e-money issuers certificate and is regulated for the provision of payment services by the Financial Services Authority. Voice Commerce Group is registered as an ISO/MSP under Visa & MasterCard rules.