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Kangiten Posted 21 years ago
Vocabulary
Looking for a word (payout?)...
Hey everyone 
What is the word to describe the following:
"A user pays a set price to their mobile phone operator to send an SMS message. But in fact, there's a service provider in the middle that does the work so the operator has to give back a certain part of the money paid by the user back to the service provider".
Is "payout" the correct word to describe the operation of giving back part of a sum of money? Is there another word that would be more appropriate?
Thanks for any help as always.
What is the word to describe the following:
"A user pays a set price to their mobile phone operator to send an SMS message. But in fact, there's a service provider in the middle that does the work so the operator has to give back a certain part of the money paid by the user back to the service provider".
Is "payout" the correct word to describe the operation of giving back part of a sum of money? Is there another word that would be more appropriate?
Thanks for any help as always.
Top answer
Commission seems more appropriate.
- Commission seems more appropriate.
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3 Answers
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If the company providing the service is a 'service provider' it is a service fee or commission.
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