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Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

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Choosing the payment processor and other items in your credit card processing tech stack will depend entirely upon your business model. 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. to 2.54% + $0.10

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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

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According to the Pew Research Institute , in 2022, a whopping 41% of Americans said they don’t use cash at all for any of their weekly purchases—a significant jump from 29% in 2018. There are two main ways that an ISV can become a payment provider—by adopting the ISO model or the PayFac model.