Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?
Stax
APRIL 18, 2024
Processor: An entity responsible for handling transaction data between the merchant, acquiring bank, and card networks. Helcim and Stripe are the more popular payment processors offering interchange plus pricing models. They often provide services such as authorization, clearing, and settlement. These can add up. to 2.54% + $0.10
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