The Hidden Costs of Payment Processing No One Talks About
Clearly Payments
JANUARY 15, 2025
The Many Types of Payment Processing Fees Below is a breakdown of the lesser-known or hidden fees that can show up on your monthly statements: Interchange Fees What It Is: The fee paid to the card-issuing bank every time a customer buys something with a credit or debit card. Cost Range: Usually 1.5%3.5% on top of interchange fees.
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