Keyword Analysis & Research: merchant credit card

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How does a merchant charge a credit card?

Merchants are charged several fees for accepting credit cards. The merchant is usually charged a commission of around 1 to 4 percent of the value of each transaction paid for by credit card. The merchant may also pay a variable charge, called a merchant discount rate, for each transaction.

How does merchant credit card processing work?

When you give your credit card to the cashier at the restaurant, the cashier runs it through a credit card machine. The credit card machine sends the transaction to the credit card processing merchant. This is the company the restaurant has hired to do their credit card processing.

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