Bank Of America Merchant Processing Agreement

If you have a question regarding the refund, please contact your trade advisor or Bank of America at 800-430-7161. Bank of America is as well known to customers as it is to business owners. It is practically a well-known name. In this way, we can understand why many merchants go directly to Bank of America Merchant Services for payment services. If you believe he manages your banking, why not trust him to process your credit card? You are billed by the liquidator and paid to the bank that issued the card. Interchange fees are generally expressed as a percentage of the total transaction plus a flat fee per transaction. This tax helps cover authorization fees, processing fees, fraud and credit loss. Your liquidator does not receive revenue from interchange fees and interchange rates do not vary between processors…