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Get And Sign Authorization To Charge Fee's City Of Dallas 2015-2021 Form

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hello can you explain how credit card fees work absolutely what do you want to know everything start from the beginning well let's see in 6000 BC a system called bartering was developed to help early humans exchange value wait that's too far back I want to learn how credit card processing fees work so I can finally understand my monthly statements I can help you with that I'll start by explaining the entities that are involved in credit card processing here's what a normal credit card transaction looks like from your perspective your customer gives you a credit card and you run it okay so far so good but when you zoom out it's a much more complex picture with every transaction there are five entities involved each playing an important role you have the customers Bank the credit card brand the credit card network the processor and then there's me and then there's you here's the thing merchant each of those entities will charge you a fee for every transaction the largest fee comes from y

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