Martino
Thu Jul 25 2024
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7 answers
1783
Who pays card network fees?
I'm curious about the topic of card network fees. Could you please elaborate on who exactly pays these fees? Are they paid by the merchants who accept the cards, or do the consumers ultimately bear the burden through higher prices? Also, how are these fees calculated, and what factors influence their amount? Understanding the mechanics behind card network fees is crucial for both businesses and individuals who rely on credit and debit cards for daily transactions.
