{"id":1729,"date":"2023-10-17T14:22:00","date_gmt":"2023-10-17T05:22:00","guid":{"rendered":"https:\/\/bitwallet.com\/?post_type=glossary&#038;p=1729"},"modified":"2024-02-09T10:44:19","modified_gmt":"2024-02-09T01:44:19","slug":"merchant-fee","status":"publish","type":"glossary","link":"https:\/\/bitwallet.com\/en\/support\/glossary\/merchant-fee\/","title":{"rendered":"merchant fee"},"content":{"rendered":"\n<dl>\n<dt>how to read<\/dt>\n<dd>How to read in Japanese: merchant fee<\/dd>\n<dt>synonyms<\/dt>\n<dd><\/dd>\n<dt>antonym<\/dt>\n<dd><\/dd>\n<\/dl>\n\n\n\n<p>Merchant fees are fees paid to credit card companies by merchants who sign a contract with a credit card company to install credit card payment systems.<\/p>\n\n\n\n<p>Credit card merchants pay merchant fees to credit card companies, calculated by multiplying the amount spent by the customer&#8217;s credit card by a commission rate specified in the contract.<\/p>\n\n\n\n<p>Merchant fees are a credit transaction in which the credit card company makes advance payments to the merchant. Therefore, commission rates generally vary depending on the merchant&#8217;s industry, with higher rates for industries with high collection risk and lower rates for industries with low gross margins.<\/p>\n\n\n\n<p>The merchant&#8217;s sales may appear to be reduced by the amount of the fee. However, the merchant is prevented from losing sales opportunities to customers who wish to use their credit cards.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Merchant fees are fees paid to credit card companies by merchants who sign a contract with a credit card company to install credit card payment systems.<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"footnotes":""},"genre":[66],"initial":[128],"initial-ja":[250],"class_list":["post-1729","glossary","type-glossary","status-publish","hentry","genre-genre02","initial-ini-m","initial-ja-ini-ja-ka"],"_links":{"self":[{"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/glossary\/1729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/types\/glossary"}],"version-history":[{"count":2,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/glossary\/1729\/revisions"}],"predecessor-version":[{"id":3665,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/glossary\/1729\/revisions\/3665"}],"wp:attachment":[{"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/media?parent=1729"}],"wp:term":[{"taxonomy":"genre","embeddable":true,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/genre?post=1729"},{"taxonomy":"initial","embeddable":true,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/initial?post=1729"},{"taxonomy":"initial-ja","embeddable":true,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/initial-ja?post=1729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}