drip pricing
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English
Etymology
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Pronunciation
Noun
- (business) The practice of adding hidden fees to a stated price.
- 2023 December 27, Mel Holley, “Network News: Regulator to crack down on hidden ticket charges”, in RAIL, number 999, page 6:
- Warning online ticket retailers to be "up front" about fees, the Office of Rail and Road (ORR) has written to seven of the 19 third-party ticket retailers (TPRs) which did not include their fees in the upfront price. Threatening to take action about hidden charges (known as 'drip pricing'), where an initial price is shown but additional elements are revealed later in the sales process, the ORR reviewed the prices of 19 TPRs.