How are online and in-store Merchants paid, and ISOs/Agents compensated?
A. The payment transaction is cleared and settled in real-time. The Merchants receive payment from the PIN-debit cardholder’s account. The amount transferred is the transaction price less the merchant discount, transaction fees and other costs. There are no charge backs and no payment reversals. The ISOs receives the earned compensation. Individual agent compensation is the responsibility of the ISO.
