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You must set up a cryptocurrency wallet to accept digital currency and also implement a medium for customers to provide their own wallet address and the paymentamount they are sending. Another thing to activate are email notifications. You should also listen to customer feedback.
These fees are intended to cover ACH return processingcosts and encourage adherence to best practices to ensure more accurate and valid payments. 6 reasons why ACH returns are initiated ACH returns can be initiated whenever circumstances impede the transfer process’s completion. What is an ACH reversal?
They are a combination of a percentage of the transaction amount and a fixed fee charged per transaction. Interchange fees are set by credit card issuers, such as Bank of America, Citi, or Chase, and are adjusted every year in April and October. For example, 2.1% + $0.10 per transaction is based on the interchange-plus pricing model.
This can include fixed payments, such as a subscription service, or variable payments, such as utility bills, where the amount owed may differ each month. Once authorized, the business can adjust the paymentamounts based on your bill, and you do not need to re-authorize the payment each time.
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