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. Square and PayPal are two that have popularized this model. Helcim and Stripe are the more popular payment processors offering interchange plus pricing models. These can add up. to 2.54% + $0.10 to 2.64% + $0.10
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