![]() ![]() What About Debit Card Processing Fees?ĭebit card processing fees are charged by the same major credit card networks.In actuality, debit card processing is fairly complex. Sure, 3% may not seem that high now, but there are lower rates available. “I mean … 3% isn’t that high.”Keep this point in mind as we continue through this article. The rest of the credit card or debit card processing fee comes from adjustments and markups between the card issuer, payment gateway, and card processor.“But do I have to know all this?” you might complain. Interchange fees are charged by card networks to merchants for their services, and average out to around 1.81% for credit cards and 0.3% for debit cards. Interchange fees are one portion of processing fees. The multiple parties who touch a transaction are responsible for interchange fees. Your hard-earned money changes a lot of hands before it arrives back in your wallet. ![]()
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