The third-party charges for validating and recording transactions in traditional transaction systems.
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Answer:
Third-party charges are charges from companies other than TDS, which appear on TDS bills. An example is a charge for an operator-assisted call or a collect call received on your phone. The company carrying the call will send the charge to TDS to place on your bill.
A third-party transaction is a business deal that involves a person or entity other than the main participants. ... The involvement of the third party can vary, based on the type of business transaction. In some cases, the involvement is one-time, such as a third-party payment for an item purchased from a web site.An example of a third party would be the escrow company in a real estate transaction; the escrow party acts as a neutral agent by collecting the documents and money that the buyer and seller exchange when completing the transaction. A collection agency may be another example of a third party.