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How Much Do Credit Card Companies Charge Merchants?

Stax

Credit card transactions have quickly become the lifeblood of eCommerce businesses and storefronts alike. According to Capital One, global credit card transactions in 2022 reached an estimated 678 billion —an average of 1.86 Credit card companies typically charge merchants a fee for each transaction processed.

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Reasons Why Credit Cards Get Declined

Clearly Payments

For merchants, declined credit card transactions are frustrating. On average, about 5-10% of card transactions are declined, depending on the industry and transaction type. When a customer doesn’t have enough available credit or funds to cover the transaction amount, the issuer rejects the charge.