: A transparent model that passes the exact interchange cost through to the merchant with a flat markup.
: Verifying the identity of the cardholder (e.g., through a chip, PIN, or tap).
: The merchant sends a group of authorized transactions to their acquirer at the end of the day.
For merchants, accepting credit cards is not free. Fees typically range from per transaction, though these can vary significantly. Major Fee Types
: A transparent model that passes the exact interchange cost through to the merchant with a flat markup.
: Verifying the identity of the cardholder (e.g., through a chip, PIN, or tap).
: The merchant sends a group of authorized transactions to their acquirer at the end of the day.
For merchants, accepting credit cards is not free. Fees typically range from per transaction, though these can vary significantly. Major Fee Types