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Acquired

Visa

9019.005 - 9042.37 Ben Gilbert

There are assessment fees or network fees, and that network fee goes to Visa, MasterCard, etc. And then there are payment processing fees, and those go to the acquiring bank, the bank that acquired the merchant. This is the merchant's bank and the technology provider of whatever they're using to process their payments. So three fees, interchange, network fees, payment processing fees.

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