Remove Assessments Remove B2G Remove Payment Gateways
article thumbnail

The Hidden Costs of Payment Processing No One Talks About

Clearly Payments

Assessment Fees What It Is: Charged by the card networks (Visa, Mastercard, etc.) Processor Markup What It Is: The payment processors own cost on top of interchange and assessment fees. Monthly or Annual Fees What It Is: Some processors charge a flat monthly fee for services like payment gateway access or account maintenance.

Process 105
article thumbnail

How Do You Offset Credit Card Processing Fees?

EBizCharge

They charge these fees to merchants every time a customer uses a card payment to cover the cost of handling transactions and the risks involved. Assessment fees are imposed by credit card networks to cover the cost of operating their global networks. This is especially relevant for B2B and B2G (business-to-government) transactions.