Remove Acquirers Remove Address Verification System (AVS) Remove Processing Costs
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Payment Processing for Small Businesses: What They Don’t Tell You

Clearly Payments

The Basics of Payment Processing Payment processing involves multiple players, including: The Merchant The business accepting the payment. The Acquiring Bank The acquiring bank receives funds on behalf of the merchant. The Customer The person making the payment.

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How Much Do Credit Card Companies Charge Merchants?

Stax

Viewing these costs individually makes it easier to understand what is contributing to your credit card processing costs and where you may be able to save money. Interchange fees An interchange fee is paid by the merchant’s acquiring bank to the issuing bank every time a credit card transaction is made.