EBizCharge

MAY 5, 2025

Credit card processing fees are comprised of several fees, such as: Interchange fees: Interchange fees are paid to the card-issuing bank and typically consist of a percentage of the total transaction amount plus a small, fixed charge. Non-compliance can result in legal implications fines, and damage reputation.

Credit Cards 52

Credit Cards Small Business Process ACH 52

Stax

NOVEMBER 15, 2023

TL;DR Credit card interchange fees are the fees that merchants pay to banks and credit card companies every time they accept credit cards. These fees help cover the costs of processing the payment and maintaining the card network. Learn More What are credit card interchange fees?

Credit Cards 88

Credit Cards Processors Assessments Non-Bank 88

Stax

JANUARY 15, 2024

Interchange fees are fees your bank (acquirer) pays to the cardholder’s bank (issuer) in a credit card transaction. Conduct regular internal audits—preferably on an annual or biannual basis—to assess ongoing compliance with federal regulations. Interchange fee management. Each level has specific compliance requirements.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Payment Savvy

JULY 12, 2024

A convenience fee is an additional charge added to a customer’s bill when they use a non-standard payment method. A convenience fee is applied for using a non-standard payment method, while a surcharge is an additional fee added specifically for credit card transactions.

Card Network Rules 52

Card Network Rules Non-Bank Alternative Payment Methods Credit Cards 52

Stax

SEPTEMBER 26, 2024

That said, you can’t just decide and impose credit card surcharges overnight. It requires stringent adherence to regulatory guidelines and card network rules, from surcharge caps to disclosure requirements. Meanwhile, service fees apply to debit and credit card purchases but are waived if customers pay in cash.

Credit Cards 88

Credit Cards Caps Best Practices Laws 88

Payment Savvy

JULY 3, 2024

These fees cover the costs of processing the transaction , ensuring the payment goes from the customer’s bank to the business’s bank account securely and efficiently. All right, you know that there’s a debit card processing fee – but who’s charging it? Assessment fees are also known as brand usage fees.

Debit Card 52

Debit Card Process Debit Transaction Processors 52

Segpay

FEBRUARY 28, 2024

Processing Fees Interchange fees, assessment fees, and merchant service charges – whatever the label, processing charges extract a piece of every transaction. Per the Forbes Advisor , rates range from 1.5% – 3%+ based on card type, with volume tiers and qualified vs non-qualified categories.

Processors 52

Processors IRS Push-to-Card Non-Bank 52