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Merchant Credit Card Fee Guide 2024: How Much Does It Cost to Process Credit Cards?

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PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS). This regulation is managed by the Payment Card Industry Security Standards Council (PCI SSC) and is meant to protect the cardholder’s data.

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

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Network Access and Brand Usage Fee (NABU): Charged by MasterCard on all settled or refunded credit/debit card transactions. Helcim and Stripe are the more popular payment processors offering interchange plus pricing models. This software needs to be EMV compliant to handle chip card transactions securely.

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Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

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Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. According to Onbe, 73% of consumers prefer using digital payments like cards and payment apps. But to seamlessly receive these payments as a merchant, you’ll need merchant processing services.