pos

Consumer Financial Protection Bureau: Payment and Card Processing Basics

What card networks, processors, and fees actually are, so you can compare point-of-sale and payment options without guessing.

In plain terms: This government guide explains how prepaid cards and accounts work, including their fees and rules. You can use it to compare payment options, protect your wages, and learn your rights if a card is lost or stolen.

Why I recommend it: Understand interchange and flat-rate pricing before you sign a processor contract. The difference is real money at low volume.