Merchant fees are charges imposed by payment processors or banks for processing credit or debit card transactions on behalf of businesses. These fees typically include interchange fees paid to card issuers and assessment fees charged by card networks like Visa or Mastercard. Merchant fees vary based on factors such as transaction volume, card type, and industry, impacting the overall cost of accepting electronic payments for merchants.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.
