These are transaction fees that must be paid by the merchant's bank whenever a customer makes a purchase from their store using a credit or debit card.

Fees are paid to the issuing bank to cover processing costs, fraud and bad debt costs, and the risk of approving the payment.

These are the fees levied by credit card companies such as Visa, Mastercard, etc. The fees for each card scheme are distinct and different from one another.

The schemes set the fees, which are updated on a regular basis throughout the year. These fees include scheme permission fees, volume fees, cross-border fees, licensing, anti-money laundering (AML), and others.

The fees that Elly charges are usually the lowest on the market, and you benefit from many resources designed to help you run your business.