When a business accepts payment through credit cards or debit cards, it has to pay a fee to the credit card or debit card processor.

Name: When a business accepts payment through credit cards or debit cards, it has to pay a fee to the credit card or debit card processor.
Brand: Quizplus
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Quizplus · Accepted Answer

When a business accepts payment through credit or debit card, it has to pay a processing fee to the card processor. This fee varies by processor, but typically ranges from 1-3% of each transaction.

When a Business Accepts Payment Through Credit Cards or Debit