Merchant Fees 101 - Credit Card Payment Processing
6:34
YouTubeECS Payments
Merchant Fees 101 - Credit Card Payment Processing
Merchant fees are charges that businesses must pay to process card payments from customers. These fees typically include a percentage of the sale (known as the "discount rate"), as well as a fixed fee per transaction. The exact fees will vary depending on the type of card being used (e.g. Visa, Mastercard, American Express), as well as the ...
1.7K viewsJan 18, 2023
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