Merchant Processing Agreement (MPA)

Definition

A merchant processing agreement (MPA) sets the terms under which a business accepts card payments through its provider and acquiring relationships. Its application, pricing schedule, program terms and incorporated documents may together form the agreement.

What the agreement can cover

Relevant provisions include processing prices, funding, reserves, chargebacks, data-security responsibilities, contract duration and termination. The details depend on the provider and the business. A headline rate alone does not describe all of those obligations.

Compare the full agreement with the quoted pricing and the payment operation you actually need. Swipesum can help evaluate provider proposals and payment costs; decisions about legal rights and obligations should be reviewed with appropriate counsel.

Related payment guidance

Continue with compare merchant-account options, or return to the payments glossary.