What is merchant payment processing?

Simply put, it’s the process by which merchants charge and receive payments for goods and services rendered. But in practice, it’s not quite that simple.


Unfortunately for businesses, receiving payments usually involves hefty credit card processing fees, bad debt, delays in receiving funds, and other liabilities. Merchants rarely get the full price of anything they’ve worked hard to produce and sell.


This is because credit card companies take a slice of every transaction made with their credit cards. These processing fees cost merchants billions of dollars each year. This is also a problem for customers, who often bear the cost of transaction fees through higher prices.


The Valorus merchant processing solution can eliminate merchant processing costs, reduce or eliminate bad debt, and allow merchants to receive their money in real-time. These improvements enable businesses to create better experiences for their customers as well.