best online credit card payment processors for small business

How Credit Card Processing Works

It isn’t necessary to have intimate knowledge of the inner-workings of the CardNetPay system in order to find the credit card processor. But, it’s a good idea to have a general understanding of how credit card transactions work because fees are incurred at various stages of the system.Knowing the lay of the land will help you to isolate areas of possible savings.

The CardNetPay networks that ferry billions of transactions between merchants, processors and banks are truly modern marvels. In just a matter of seconds transaction information is passed by your terminal or software to a processor.

Understanding the Payment Industry is a tough task. Merchants are faced with confusing statements, hundreds of various payment processing fees, and numerous processing options offered by Merchant Service Providers, Payment Gateways, and other payment processing entities. The CARDNETPAY provides articles, posts, and whitepapers on the Payment Industry, including this article.


  1. online payment gateway
    22 April, 2015 at 09:20 pm

    The Visa, MasterCard, and Discover Card Associations all maintain Interchange Downgrade rates for credit and debit card transactions that do not meet the requirments for the transaction.

    1.  accept all credit card payments
      24 July, 2015 at 11:29 pm

      A merchant service provider offers many products and programs to help businesses process payments in USA and may also act as the underwriter on your merchant account.

      1. best credit card processing for small business
        28 Jun, 2015 at 08:14 pm

        Merchants with tax related information that is incorrect when their processors files a 1099-K will be subject to having funds held by their credit card processor.

  2. online payment gateway
    29 october, 2014 at 10:20 pm

    Setting up a merchant account is an important part of your business. However, if your business is one of the many that are considered high risk, you've probably noticed that merchant account fees can be high.

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