The greatest contributor to credit card processing costs is
interchange. Interchange is the amount of a credit card transaction
that a merchant's bank pays to the issuing bank of a customer's
credit card. Interchange fees are set by the issuing banks that are
stakeholders of Visa and MasterCard, and merchant service providers
have no control over the charges.
Interchange fees are public knowledge digital
payment agent salary and they are posted at Visa and
MasterCard's Web sites. If you're not already familiar with
interchange, visit Visa and MasterCard online and download the
interchange fee schedules for each card brand.
The next expense that provider's can't control are the fees
charged by the card brands. Visa, MasterCard and Discover charge
various dues and assessments. All transactions are subject to dues
and assessments, but some are subject to additional charges. For
example, international transactions are assessed additional fees by
the card brands.