: Paid by the merchant’s bank to the cardholder’s bank to cover processing costs and risk.
: The technology partner handling the actual data flow between all parties. merchant credit card
: Monthly rental or purchase costs for physical hardware (e.g., card readers). Pricing Models : Paid by the merchant’s bank to the
: Charged by card networks (Visa/Mastercard) for the use of their network. merchant credit card
: Under Visa and Mastercard rules, merchants are generally prohibited from requiring a minimum purchase amount to use a card. 🛡️ Risk and Security