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Demystifying Credit Card Interchange Fees: What You Need to Know [2024 Rates and Updates]

Stax

DECEMBER 20, 2023

Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks. At the end of the day, how much you’re paying for credit card processing relies on your payment solutions provider.

Payment Services 167
Payment Services Merchant Services Payment Methods Payment Solutions 167
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Merchant Credit Card Fee Guide 2024: How Much Does It Cost to Process Credit Cards?

Stax

MAY 7, 2024

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.

Merchant Services 88
Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88
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