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Get Your Card Processing Statement - Merchant Insider

YOUR COMPANY ANYTOWN, US 12345 YOUR CARD PROCESSING STATEMENT THIS IS NOT A BILL Page 1 of 8 Statement Period Merchant Number Customer Service 000004/000001/25573/0001/0004/0000/000105 000 01 000000.

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In fact, the two serve totally different functions: a payment gateway facilitates online transactions and allows you to process them, while a merchant account is a holding account where those payments first land before being deposited into your regular bank account.

Credit card processing fees for merchants equal approximately 1.3% to 3.5% of each credit card transaction.

MERCHANT PROCESSING. Merchant processing is the acceptance, processing, and settlement of payment transactions for merchants. A bank that contracts with (or acquires) merchants is called an acquiring bank, merchant bank, or acquirer.

You'll notice two numbers here: total gross sales and total amount you submitted. Total gross sales represents the full amount processed in credit card sales that month. Total amount submitted is the total amount minus any refunds. Your fees are assessed based on the total gross amount figure.

Merchant account services are banking services that allow you to process payments via electronic methods. That includes credit cards, debit cards, and mobile payments. On top of that, merchant services cover the software you use and the hardware you need to facilitate electronic transactions.

What are merchant services? Merchant services is an all-encompassing term. It describes the hardware, software, and financial services needed for a business to accept and process credit cards and debit cards, NFC-enabled mobile wallets, and other contactless payments — online and in-store.

What Is a Merchant Statement? Merchant statements are electronic or paper-based invoices that payment processors send to their merchant clients every month. These itemized statements include all the payments processed, fees charged and services provided over the previous 30 days.

Types of merchant services include: Credit and debit cards payment processing. Check guarantee and check conversion services. Automated clearing house check drafting and payment services.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232