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Everything You Need to Know About Credit Card Processing

Stax

Here are the inside details about what defines a payment solutions provider, how processing works, the credit card processing fees , risks, and more. TL;DR There are several parties involved in credit card processing. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor.

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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

Batch A group of transactions that are processed together at the end of a business day. BIN Sponsorship A service provided by payment processors that enables merchants to accept payment cards from multiple card issuers.

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