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

Stax

APRIL 18, 2024

Payment Gateway: A service provider that facilitates communication between the merchant’s POS system and the acquiring bank’s payment processing system. The merchant’s point-of-sale (POS) system sends an authorization request to the acquiring bank (also known as the merchant bank) via a payment gateway.

Merchant Services 88
Merchant Services Payment Services Payment Methods Payment Solutions 88
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Merchant Credit Card Fee Guide 2024: How Much Does It Cost to Process Credit Cards?

Stax

MAY 7, 2024

Terminal or equipment fees – Small businesses often lease or purchase payment processing equipment, such as point-of-sale (POS) systems or credit card terminals. PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS).

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