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Payment processes fees are the costs that business owners incur when processing payments from customers. The amount of payment fees charged. Credit card transactions happen in a two-stage process consisting of authorization and settlement. Setting up payment processing to accept credit cards is one of the biggest pain points to opening an online store. We have your best options.

A payment transfer is a payment of money for which there are no goods or services exchanged. Payment transfers commonly refer to efforts by local, state, and federal governments to redistribute money to those in need. Payment transfer is a redistribution of income and wealth by means of the government making a payment, without goods.