Processor vs gateway?

Processor settles funds; gateway often connects checkout to processor.

Interchange plus processor markup—watch international cards.

T+2 is common for cards; ACH differs.

Payment processor

A payment processor moves money from your customer’s bank or card network to your merchant account.

Interchange, assessments, and processor markup combine into your effective rate.

Processors monitor fraud and may hold reserves for high-risk patterns.

Know settlement timing—plan cash flow around T+n schedules.

Processor vs gateway?: Processor settles funds; gateway often connects checkout to processor.
Fees?: Interchange plus processor markup—watch international cards.
Payout timing?: T+2 is common for cards; ACH differs.