Remove Acquirers Remove Address Verification System (AVS) Remove Online and Mobile Banking
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How Much Do Credit Card Companies Charge Merchants?

Stax

Basics of Credit Card Fees Credit card fees refer to a range of charges that are imposed by credit card issuers on cardholders and merchants for completing credit card payments, either online or in person. Rather, they negotiate with banks such as Chase or Citibank to receive a “merchant discount rate” that is passed onto them by their bank.

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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

A Acquirer The financial institution that processes payments on behalf of merchants. Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer.

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