Remove Acquirers Remove Address Verification System (AVS) Remove Payment Gateways
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How Much Do Credit Card Companies Charge Merchants?

Stax

Interchange fees An interchange fee is paid by the merchant’s acquiring bank to the issuing bank every time a credit card transaction is made. Assessment fees An assessment fee is imposed by payment networks in exchange for processing credit card payments. Usually, interchange fees will range between 0.3-2% Statement fees.

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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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