: A single percentage for every transaction (common with providers like Square or Stripe ).
: The bank that provides the credit card to the customer. 📈 The Transaction Process merchant credit card
: The final step where the acquiring bank deposits the money into the merchant's business account. Costs and Fee Structure : A single percentage for every transaction (common
: The financial institution that maintains the merchant's account and processes the payments. merchant credit card
: Paid by the merchant’s bank to the cardholder’s bank to cover processing costs and risk.