Merchant Account Pricing: Interchange Fees Explained

Is understanding interchange fees giving you a headache?

Every single credit or debit card transaction involves several business entities, and they all want their cut in exchange for the services.

We’ll explain what interchange fees (also referred to as interchange reimbursement fees) are and how they work.

Still have a question on processing fees & costs? Drop it below!

RESOURCES & LINKS MENTIONED IN THIS VIDEO:

9. Video editing: Sergey Tyurin

10. MusicMusic: Super Spiffy - David Fesliyan (main theme)

__________
Say hi on social:

[MerchantMaverick]

Still have a question on processing fees & costs? Let us know!

[jakehansen]

I can't hear anything over the obnoxious music. Great insights, but please turn the music volume down or off. thanks!

[geoffreyschuchardt]

Thank you for the information. The music made it a bit hard to focus though

[ScarletVincent]

What a great explanation! Thanks for sharing!

[kingjok]

Thank you for this break down.

Just one question.
Who would be considered the Acquirers? The Merchants? Or a different entity?

Thank you in advance 😁

[sovannoup]

Your explanation is amazing, but just the music is TOO LOUD. Anyway, Thank for the video
.

[Helcim]

Thank you so much for putting this together!

[krukov]

guys, make you`re music on 2%. This is way too loud. Just a suggestion

[michoutacharles]

Hi, I would like a little more information about the video. Thank you.

[geoffreyschuchardt]

I literally can’t watch this with the background music

[megodarryl]

That goofy background music is REALLY distracting!!! Please consider removing it

[khani]

sorry this background music giving me headache !!

[MelwynFernandes-gf]

One of the worst worst worst merchant service provider is @barclays UK, they blocked my account for just one chargeback, that also when it was customer's mistake, barclays didn't give my business any support...to make things worst they held my funds for 6 months and also black listed my business on MATCH, this way it gets very difficult to apply for any other merchant....barclays literally killed my business for just one chargeback not do business with barclays they are the worst in the industry...they will not only block your account, they will also hold your funds for 6 months and also black list you on don't even deserve one star ....Useless barclays