FAQ:
What is a discount fee:
The merchant discount rate is a fee that merchants and other businesses must pay to a payment processing company on debit or credit card transactions. The Discount fee typically comes in the form of a percentage of the transaction amount.
What is Per Item Fee:
This is the per transaction fee applied when an authorization is created.
What are Passthrough/Interchange costs and fees:
Passthrough fees are terms used in the credit card processing industry. It includes interchange fees , which are fees paid to card-issuing banks whenever a customer makes a purchase with their credit/debit card and other fees charged by card networks and card-issuing banks to process credit card transactions
