Demystifying Credit Card Interchange Fees: What You Need to Know [2024 Rates and Updates]
Stax
DECEMBER 20, 2023
Essentially, the merchant pays the card brand for the convenience of accepting this payment method since that is the way your customers want to pay. Interchange fees vary widely across card brands, credit card networks, card types, and how you process cards. CPS/Card Not Present, Debit Exempt: 1.65% + $0.15
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