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In other words, don’t try to shop around for lower wholesale fees or rates from various credit card processors. Markups Your markup fees are how your credit card processor is planning to make a profit from your business.
You may end up paying a lot more than you want to with little way of determining exactly what you are paying for.
In any given transaction, the above-mentioned parties play a role.
Here’s a graphic to help you visualize the flow of a typical credit card transaction.
They vary by name, value, and applicability, but at least some of them will show up on your monthly statements.
Incidental Fees Flat fees are always charged, but incidental fees only appear per incidence.