A simple explanation of fees in the payment card industry
▻https://gendal.me/2014/08/09/a-simple-explanation-of-fees-in-the-payment-card-industry
“The four-party model: Merchants obtain card processing services from Acquirers, who route transactions via Schemes to Issuers, who debit Consumers’ accounts.”
#ecommerce_fees_payment_card_acquirer_issuer_consumer_merchant_beclever