An additional fee a merchant adds to cover the cost of credit card acceptance, subject to card network rules and state regulations. Surcharging rules differ from convenience fees and require specific disclosures.
A postponement in funding deposits due to processing schedules, bank holidays, risk reviews, or data mismatches. Merchants can reduce delays by consistent batching and ensuring accurate settlement data.
The step where authorized transactions are captured and funds are transferred from the issuer (through the networks and acquirer) to the merchant’s account. Settlement usually follows batch submission or automated capture rules.