Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?
Stax
APRIL 18, 2024
However, 2020 and 2021 have been exempt from these changes, which are paused until April 2022 , giving merchants some respite from the financial stress of the pandemic. Square and PayPal are two that have popularized this model. Based on 2021 data, the average credit card processing fees typically range between 1.29% + $0.05
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